Raymond James Upgrades First Watch Restaurant Gr to Strong Buy, Lowers Price Target to $22
Portfolio Pulse from Benzinga Newsdesk
Raymond James analyst Brian Vaccaro has upgraded First Watch Restaurant Gr (NASDAQ:FWRG) from Outperform to Strong Buy, but lowered the price target from $24 to $22.
October 18, 2023 | 11:30 am
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First Watch Restaurant Gr has been upgraded to Strong Buy by Raymond James, although the price target has been lowered from $24 to $22.
The upgrade to Strong Buy indicates a positive outlook for FWRG, which could lead to an increase in its stock price. However, the lowering of the price target might temper this positive impact slightly.
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