Unveiling 15 Analyst Insights On Sweetgreen
Portfolio Pulse from Benzinga Insights
In the last three months, 15 analysts have published ratings on Sweetgreen (NYSE:SG), showing a range of perspectives from bullish to bearish. The average 12-month price target has increased to $24.6, with a high of $35.00 and a low of $16.00. Recent analyst actions include several rating raises and price target adjustments, reflecting positive sentiment. Sweetgreen has shown solid revenue growth but faces challenges in profitability and financial returns.
June 03, 2024 | 3:01 pm
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POSITIVE IMPACT
Sweetgreen (NYSE:SG) has received a range of analyst ratings over the past three months, with the average 12-month price target increasing to $24.6. Analysts have raised their ratings and price targets, indicating positive sentiment. However, the company faces challenges in profitability and financial returns despite solid revenue growth.
The increase in the average price target and multiple rating raises suggest positive short-term sentiment among analysts. However, the company's challenges in profitability and financial returns may temper the overall impact.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100