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Upgrade Alert for Buffalo Wild Wings (BWLD)
[April 04, 2013]

Upgrade Alert for Buffalo Wild Wings (BWLD)

Apr 04, 2013 (SmarTrend(R) Upgrades/Downgrades via COMTEX) -- Buffalo Wild Wings (NASDAQ:BWLD) was upgraded from Market Perform to Strong Buy at Raymond James today. The stock closed yesterday at $86.95 on volume of 815,000 shares, above average daily volume of 529,000. Buffalo Wild Wings (NASDAQ:BWLD) defies analysts with a current price ($86.95) 0.2% above its average consensus price target of $86.81. Buffalo Wild Wings shares have support at the 50-day moving average (MA) of $80.54 and additional support at the 200-day MA of $79.04.

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.

In the past 52 weeks, shares of Buffalo Wild Wings have traded between a low of $68.71 and a high of $90.39 and closed yesterday at $86.95, which is 27% above that low price. Over the past week, the 200-day moving average (MA) has remained constant while the 50-day MA has advanced 0.8%.


SmarTrend recommended that subscribers consider buying shares of Buffalo Wild Wings on January 24th, 2013 as our proprietary SmarTrend analytics indicated a new Uptrend was in progress when shares hit $77.55. Since that recommendation, shares of Buffalo Wild Wings have risen 12.1%. We continue to monitor BWLD for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.

Write to Chip Brian at cbrian@mysmartrend.com --------------------------------------------------------------------------------------------- SmarTrend analyzes over 5,000 securities simultaneously throughout the trading day and provides its subscribers with trend change alerts in real time. To get a free trial of our trading calls and maximize your trading results, please visit http://www.MySmarTrend.com Get exclusive, actionable insight into how the market is expected to trend prior to market open with our free morning newsletter. Sign up at: http://www.MySmarTrend.com/signup

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