UPDATE: Sterne Agee Upgrades Buffalo Wild Wings to Buy

Sterne Agee is out with its report today on Buffalo Wild Wings BWLD, upgrading BWLD to Buy from Neutral. In its report, Sterne Agee writes, "We are upgrading shares of Buffalo Wild Wings from Neutral to BUY. The primary catalyst for upgrading the shares is the recent pullback which we believe has created a very attractive buying opportunity given the Company's double-digit unit growth profile." Sterne Agee has a $72 PT on BWLD. At the time of posting, shares of BWLD were trading pre-market at $62.57, up 2.19% from Thursday's close.