Goldman Sachs Initiates Coverage On Sweetgreen with Buy Rating, Announces Price Target of $39
Portfolio Pulse from Benzinga Newsdesk
Goldman Sachs has initiated coverage on Sweetgreen (NYSE:SG) with a Buy rating and set a price target of $39. Analyst Christine Cho is optimistic about the company's prospects.
June 13, 2024 | 10:59 am
News sentiment analysis
Sort by:
Descending
POSITIVE IMPACT
Goldman Sachs has initiated coverage on Sweetgreen with a Buy rating and a price target of $39. This positive analyst rating is likely to boost investor confidence and drive the stock price up in the short term.
The initiation of coverage by a major financial institution like Goldman Sachs with a Buy rating and a specific price target is a strong positive signal. It is likely to attract investor interest and increase demand for the stock, driving the price up in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100