Buffalo Wild Wings, Inc. (NASDAQ:BWLD) was upgraded by equities research analysts at Wedbush from an “underperform” rating to a “neutral” rating in a research report issued to clients and investors on Thursday, The Fly reports.

Several other research firms have also recently commented on BWLD. UBS AG lifted their target price on shares of Buffalo Wild Wings from $170.00 to $185.00 and gave the stock a “buy” rating in a research note on Friday, April 21st. Zacks Investment Research upgraded shares of Buffalo Wild Wings from a “sell” rating to a “hold” rating in a report on Monday, April 24th. Maxim Group reiterated a “hold” rating and issued a $170.00 price target on shares of Buffalo Wild Wings in a report on Thursday, April 27th. Robert W. Baird lowered shares of Buffalo Wild Wings from an “outperform” rating to a “neutral” rating and decreased their price target for the company from $170.00 to $160.00 in a report on Thursday, April 27th. Finally, Telsey Advisory Group lifted their price target on shares of Buffalo Wild Wings from $162.00 to $175.00 and gave the company an “outperform” rating in a report on Tuesday, April 25th. Two research analysts have rated the stock with a sell rating, sixteen have issued a hold rating and eight have assigned a buy rating to the company’s stock. Buffalo Wild Wings has a consensus rating of “Hold” and a consensus price target of $154.86.

Buffalo Wild Wings (NASDAQ:BWLD) opened at 122.60 on Thursday. The firm has a market capitalization of $1.98 billion, a PE ratio of 26.54 and a beta of 0.88. The company has a 50-day moving average price of $133.05 and a 200-day moving average price of $148.53. Buffalo Wild Wings has a 12-month low of $119.55 and a 12-month high of $175.10.

Buffalo Wild Wings (NASDAQ:BWLD) last released its earnings results on Wednesday, April 26th. The restaurant operator reported $1.44 EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $1.68 by $0.24. The firm had revenue of $534.80 million during the quarter, compared to analysts’ expectations of $536.10 million. Buffalo Wild Wings had a return on equity of 16.55% and a net margin of 4.14%. The firm’s revenue was up 5.2% on a year-over-year basis. During the same period in the previous year, the firm posted $1.73 earnings per share. On average, analysts predict that Buffalo Wild Wings will post $5.30 earnings per share for the current year.

ILLEGAL ACTIVITY WARNING: This article was first reported by American Banking News and is owned by of American Banking News. If you are accessing this article on another publication, it was illegally copied and republished in violation of international copyright and trademark law. The original version of this article can be accessed at https://www.americanbankingnews.com/2017/07/20/buffalo-wild-wings-inc-bwld-upgraded-at-wedbush.html.

Hedge funds have recently modified their holdings of the company. Tyers Asset Management LLC raised its stake in Buffalo Wild Wings by 6.3% in the first quarter. Tyers Asset Management LLC now owns 748 shares of the restaurant operator’s stock valued at $114,000 after buying an additional 44 shares in the last quarter. Public Employees Retirement System of Ohio raised its stake in Buffalo Wild Wings by 10.9% in the first quarter. Public Employees Retirement System of Ohio now owns 765 shares of the restaurant operator’s stock valued at $117,000 after buying an additional 75 shares in the last quarter. FNY Managed Accounts LLC acquired a new stake in Buffalo Wild Wings during the first quarter valued at approximately $130,000. Flinton Capital Management LLC raised its stake in Buffalo Wild Wings by 6.3% in the first quarter. Flinton Capital Management LLC now owns 952 shares of the restaurant operator’s stock valued at $146,000 after buying an additional 56 shares in the last quarter. Finally, Neuburgh Advisers LLC raised its stake in Buffalo Wild Wings by 6.3% in the first quarter. Neuburgh Advisers LLC now owns 1,156 shares of the restaurant operator’s stock valued at $177,000 after buying an additional 68 shares in the last quarter. 90.36% of the stock is owned by institutional investors.

Buffalo Wild Wings Company Profile

Buffalo Wild Wings, Inc is the owner, operator and franchisor of restaurants. As of December 25, 2016, the Company’s made-to-order menu items included 16 sauces and five seasonings, ranging from Sweet BBQ to Blazin. The Company’s restaurants offer 20 to 40 domestic and imported beers on tap, including craft brews, and a selection of bottled beers, wines and liquor.

The Fly

Analyst Recommendations for Buffalo Wild Wings (NASDAQ:BWLD)

Receive News & Ratings for Buffalo Wild Wings Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Buffalo Wild Wings Inc. and related companies with MarketBeat.com's FREE daily email newsletter.