Barclays Maintains Overweight on First Watch Restaurant Gr, Lowers Price Target to $20
Portfolio Pulse from Benzinga Newsdesk
Barclays analyst Jeffrey Bernstein has maintained an Overweight rating on First Watch Restaurant Gr (NASDAQ:FWRG), but lowered the price target from $23 to $20.
October 23, 2023 | 10:39 am
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NEUTRAL IMPACT
Barclays has maintained an Overweight rating on FWRG but lowered the price target from $23 to $20.
The news is directly about FWRG and is important for investors as it involves a change in the price target by a major analyst. However, the impact on the stock price is neutral in the short term as the Overweight rating is maintained despite the lower price target.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100