Buffalo Wild Wings (BWLD) shares were slightly higher Friday morning after analysts at Maxim Group upgraded the company's stock to "buy" from "hold" while also raising its price target to $180 from $175.
The firm made a valuation call on the company, noting that the stock has fallen significantly from its all time high above $200 less than two years ago. Given that pullback, caused by slowing sales and a high-profile campaign by activist firm Marcato Capital, the firm believes that the stock's upside is very attractive.
Buffalo Wild Wings stock has fallen more than 4% this week, and currently traded at $154.50.
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