Stifel Maintains Hold on First Watch Restaurant Gr, Raises Price Target to $22
Portfolio Pulse from Benzinga Newsdesk
Stifel analyst Chris O'Cull has maintained a Hold rating on First Watch Restaurant Group (FWRG) and increased the price target from $20 to $22.
March 06, 2024 | 3:25 pm
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Stifel analyst Chris O'Cull maintains a Hold rating on First Watch Restaurant Group and raises the price target from $20 to $22.
The increase in price target by Stifel suggests a positive outlook on the stock's future performance, potentially leading to increased investor interest and a short-term positive impact on the stock price. The Hold rating indicates that the stock is currently valued appropriately, but the raised target suggests an expectation of growth.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100