Citigroup Maintains Buy on First Watch Restaurant Gr, Raises Price Target to $24
Portfolio Pulse from Benzinga Newsdesk
Citigroup analyst Jon Tower maintains a Buy rating on First Watch Restaurant Gr (NASDAQ:FWRG) and raises the price target from $22 to $24.
July 27, 2023 | 3:27 pm
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POSITIVE IMPACT
Citigroup maintains a Buy rating on FWRG and raises the price target to $24, which could potentially increase investor confidence and drive the stock price up in the short term.
The raised price target by Citigroup indicates a positive outlook for FWRG. This could increase investor confidence, leading to increased demand for the stock and potentially driving the stock price up in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100