Why SweetGreen (SG) Stock Is Popping Off Today
Portfolio Pulse from Henry Khederian
Sweetgreen Inc's (NYSE:SG) stock is trading higher by 5.98% after B of A Securities analyst Sara Senatore upgraded the shares from Neutral to Buy and raised the price target from $9 to $17. The company also announced it will release its Q2 2023 financial results on July 27.
July 06, 2023 | 1:40 pm
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Sweetgreen's stock is trading higher after an upgrade from B of A Securities. The company will also release its Q2 2023 financial results soon.
The stock is trading higher due to the upgrade from B of A Securities, which is a positive signal to investors. The upcoming release of Q2 2023 financial results also adds to the anticipation, potentially driving the stock price up.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100