Oppenheimer Maintains Outperform on Sweetgreen, Raises Price Target to $15
Portfolio Pulse from Benzinga Newsdesk
Oppenheimer analyst Brian Bittner has maintained an Outperform rating on Sweetgreen (NYSE:SG) and increased the price target from $14 to $15.
January 05, 2024 | 6:37 pm
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Oppenheimer analyst Brian Bittner has reaffirmed an Outperform rating on Sweetgreen and raised the price target to $15, indicating a positive outlook on the stock.
The increase in price target by a reputable analyst typically signals a positive forecast for the company's stock performance, suggesting potential upside. This can often lead to increased investor confidence and a short-term rise in the stock price.
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