Piper Sandler Maintains Overweight on Sweetgreen, Lowers Price Target to $16
Portfolio Pulse from Benzinga Newsdesk
Piper Sandler analyst Brian Mullan maintains an Overweight rating on Sweetgreen (NYSE:SG) but has lowered the price target from $19 to $16.
November 03, 2023 | 8:58 pm
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Piper Sandler has maintained an Overweight rating on Sweetgreen but lowered the price target from $19 to $16.
The news directly pertains to Sweetgreen (SG) as Piper Sandler has maintained an Overweight rating but lowered the price target. This suggests that while the firm still sees potential in the stock, it has adjusted its expectations downwards. This could potentially impact the stock's price in the short term.
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