TD Cowen Reiterates Market Perform on First Watch Restaurant Gr, Raises Price Target to $20
Portfolio Pulse from Benzinga Newsdesk
TD Cowen analyst Andrew Charles has reiterated a 'Market Perform' rating on First Watch Restaurant Gr (NASDAQ:FWRG) and raised the price target from $19 to $20.

August 04, 2023 | 9:46 am
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TD Cowen analyst has reiterated a 'Market Perform' rating on FWRG and raised the price target to $20.
The news is directly related to FWRG as the analyst from TD Cowen has reiterated a 'Market Perform' rating and raised the price target. This suggests that the analyst sees potential in the company but doesn't expect it to outperform the market in the short term. The impact on the stock price is neutral as the rating is unchanged, but the raised price target might create a positive sentiment among investors.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100