Citigroup Maintains Neutral on Sweetgreen, Raises Price Target to $25
Portfolio Pulse from Benzinga Newsdesk
Citigroup analyst Jon Tower has maintained a Neutral rating on Sweetgreen (NYSE:SG) and increased the price target from $16 to $25.

April 30, 2024 | 2:19 pm
News sentiment analysis
Sort by:
Descending
POSITIVE IMPACT
Citigroup has maintained its Neutral rating on Sweetgreen but raised the price target from $16 to $25.
The increase in price target by Citigroup suggests a positive outlook on Sweetgreen's future performance, potentially leading to increased investor interest and a positive short-term impact on the stock price. The Neutral rating indicates that while there may be positive aspects to the company's outlook, there are also factors that warrant caution.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100