Wunderlich Securities Sees Strong World Cup Viewership Being Good for Buffalo Wild Wings

In a report published Monday, Wunderlich Securities analyst Robert M. Derrington reiterated a Buy rating and $180.00 price target on

. In the report, Wunderlich Securities noted, “Our recent channel checks of Buffalo Wild restaurants noted ‘standing-room-only' attendance for yesterday's World Cup match featuring the U.S. vs. Portugal, and long wait times (over an hour) for any tables for viewership in either the bar, dining room, or patio of B-dubs locations we polled yesterday evening. Interestingly, our sources told us that regardless of what various matches were being featured since the World Cup began, World Cup viewership in B-dubs has consistently been very strong, with most of the ‘soccer powerhouse matches' including Mexico, Brazil, and Germany especially well attended.” Buffalo Wild Wings closed on Friday at $156.92.