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Upgrade Alert for Buffalo Wild Wings (BWLD)

By Amy Schwartz

Buffalo Wild Wings (NASDAQ:BWLD) was upgraded from Underperform to Neutral at Credit Suisse today. The stock closed yesterday at $170.87 on volume of 482,000 shares, below average daily volume of 701,000.

Buffalo Wild Wings Inc. owns, operates, and franchises casual dining restaurants. The restaurants feature made to order menu items including New York style chicken wings. The company operates restaurants in multiple states.

Potential upside of 6.2% exists for Buffalo Wild Wings, based on a current level of $170.87 and analysts' average consensus price target of $181.45. Buffalo Wild Wings shares have support at the 200-day moving average (MA) of $166.04 and additional support at the 50-day MA of $148.88.

Over the past year, Buffalo Wild Wings has traded in a range of $122.25 to $205.83 and closed yesterday at $170.87, 40% above that low. In the last five trading sessions, the 50-day moving average (MA) has fallen 1.1% while the 200-day MA has slid 0.4%.

SmarTrend is monitoring the recent change of momentum in Buffalo Wild Wings. Please refer to our Company Overview for the results of our proprietary technical indicators that have been scanning shares of Buffalo Wild Wings in search of a potential trend change.

Keywords: analyst upgrades/downgrades buffalo wild wings

Ticker(s): BWLD