Barclays Maintains Overweight on First Watch Restaurant Gr, Raises Price Target to $23
Portfolio Pulse from Benzinga Newsdesk
Barclays analyst Jeffrey Bernstein has maintained an Overweight rating on First Watch Restaurant Group (FWRG) and increased the price target from $20 to $23.
January 03, 2024 | 1:51 pm
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POSITIVE IMPACT
Barclays analyst Jeffrey Bernstein maintains an Overweight rating on First Watch Restaurant Group and raises the price target from $20 to $23.
The increase in price target by a major analyst like Barclays is a positive signal for investors, suggesting a bullish outlook on the stock. This can lead to increased investor confidence and potential short-term price appreciation.
CONFIDENCE 90
IMPORTANCE 85
RELEVANCE 100