Deutsche Bank reissued their buy rating on shares of Buffalo Wild Wings (NASDAQ: BWLD) in a research report released on Monday morning. Deutsche Bank currently has a $95.00 price target on the stock, up from their previous price target of $90.00.

“Chicken wing prices have fallen ~20% since the Super Bowl. Prices are now down y/y for the first time since late 2011. The recent wing price of ~$1.63/lb. compares to our forecast of ~$1.94/lb. for 2013 in our BWLD model. Further, fundamentals appear generally supportive of lower wing prices, with wings in storage up 66% y/y (vs. -46% y/y at this time last yr) and rising chicken production. A continuation of recent wing price trends could potentially add ~30c (~8%) to our current 2013E of $3.57 (consensus = $3.58), all else being equal. However, this EPS upside would not begin until 2Q since BWLD had already purchased the bulk of its 1Q wing needs back in Feb.,” the firm’s analyst wrote.

Several other analysts have also recently commented on the stock. Analysts at Zacks reiterated a neutral rating on shares of Buffalo Wild Wings in a research note to investors on Thursday, February 14th. They now have a $80.00 price target on the stock. Separately, analysts at Barclays Capital raised their price target on shares of Buffalo Wild Wings from $88.00 to $89.00 in a research note to investors on Wednesday, February 13th. They now have an overweight rating on the stock. Finally, analysts at Miller Tabak reiterated a hold rating on shares of Buffalo Wild Wings in a research note to investors on Wednesday, February 13th. They now have a $84.00 price target on the stock.

Seven equities research analysts have rated the stock with a hold rating and eleven have issued a buy rating to the stock. Buffalo Wild Wings presently has an average rating of Buy and a consensus price target of $89.00.

Shares of Buffalo Wild Wings (NASDAQ: BWLD) traded up 0.53% during mid-day trading on Monday, hitting $84.97. Buffalo Wild Wings has a 52 week low of $68.71 and a 52 week high of $94.81. The stock’s 50-day moving average is currently $79.39. The company has a market cap of $1.583 billion and a P/E ratio of 27.62.

Buffalo Wild Wings, Inc. is an owner, operator and franchisor of restaurants featuring a variety of menu items, including its Buffalo, New York-style chicken wings spun in any of its 14 signature sauces or four signature seasonings.

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