Barclays Maintains Overweight on First Watch Restaurant Gr, Raises Price Target to $29
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 $23 to $29.
March 06, 2024 | 12:31 pm
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Barclays has maintained an Overweight rating on First Watch Restaurant Group and raised the price target from $23 to $29.
The upgrade in the price target by Barclays, a reputable financial institution, suggests a strong confidence in First Watch Restaurant Group's future performance. This is likely to positively influence investor sentiment and potentially lead to an increase in the stock price in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100