Analyst Ratings For First Watch Restaurant Gr
Portfolio Pulse from Benzinga Insights
First Watch Restaurant Gr (NASDAQ:FWRG) has received mixed analyst ratings over the past three months, with a recent average 12-month price target of $22.75, up from $21.75. The company has shown strong revenue growth and net margin but lags in ROE and ROA. Analysts from Raymond James and Barclays have raised their price targets, while Stifel has lowered theirs.
January 25, 2024 | 1:00 pm
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First Watch Restaurant Gr has received varied analyst ratings, with an increased average price target of $22.75. The company's strong revenue growth and net margin are positive, but its ROE and ROA are below industry averages.
The mixed analyst ratings and the increase in the average price target suggest a neutral short-term impact on FWRG's stock price. The positive revenue growth and net margin could be offset by the lower ROE and ROA compared to industry averages. The recent actions by analysts, with some raising and one lowering the price target, indicate uncertainty in the stock's direction.
CONFIDENCE 80
IMPORTANCE 75
RELEVANCE 100