Buffalo Wild Wings Madness Continues; CEO Speaks on CNBC, Wunderlich Bullish

Shares of Buffalo Wild Wings

are trading higher by 2.1 percent to $152.14 in Tuesday's trading following a

with CEO Sally Smith and bullish comments from Wunderlich. Highlights from the CNBC interview including Buffalo Wild Wings' plans to expand into India and the Philippines, as well as the progress of the expansion into Mexico. Also, Smith mentioned that take-out accounts for ~15-18 percent of sales and alcohol accounts for ~25 percent of sales. Wunderlich analyst Robert Derrington believes Buffalo Wild Wings “retains one of the stronger growth profiles...with a long-term EPS growth trajectory over 20%.” Derrington expects Buffalo Wild Wings to reveal international growth prospects and interest in acquiring secondary growth concepts at the company's analyst day on Wednesday, April 2nd. “International potential for Buffalo Wild Wings could prove as strong as within the continental U.S.,” said the analyst. The “mantra of ‘Wings. Beer. Sports.” should translate well to international to international markets, according to Derrington. The Wunderlich analyst maintained a Buy rating on the stock and $165 price target, which is 8 percent above current levels.