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In a report published Tuesday, Morgan Stanley analyst John Glass reiterated an Underweight rating on
Buffalo Wild WingsBWLD, and raised the price target from $143.00 to $145.00.
In the report, Morgan Stanley noted, “A strong Q, fueled by better than expected comps and well understood food cost benefits. And while full year outlook raised, it's still chasing the Street ests. Raising FY14e to $5.45. Stock reaction will be a test case of strong fundamentals vs growth stock multiple contraction.”
Buffalo Wild Wings closed on Monday at $133.39.
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