Sweetgreen shares are trading higher after B of A Securities upgraded the stock from Neutral to Buy and raised its price target from $9 to $17.
Portfolio Pulse from Benzinga Newsdesk
Bank of America Securities has upgraded Sweetgreen's stock from Neutral to Buy and increased its price target from $9 to $17. This has resulted in Sweetgreen shares trading higher.
July 06, 2023 | 1:38 pm
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Sweetgreen's stock has been upgraded by Bank of America Securities from Neutral to Buy, with a raised price target from $9 to $17. This has led to an increase in the trading price of Sweetgreen shares.
The upgrade of Sweetgreen's stock from Neutral to Buy by Bank of America Securities indicates a positive outlook for the company. The raised price target from $9 to $17 further strengthens this positive sentiment, leading to an increase in the trading price of Sweetgreen shares.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100