B of A Securities Maintains Buy on Sweetgreen, Lowers Price Target to $33
Portfolio Pulse from Benzinga Newsdesk
B of A Securities analyst Sara Senatore maintains a Buy rating on Sweetgreen (NYSE:SG) but lowers the price target from $36 to $33.

July 17, 2024 | 5:32 pm
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B of A Securities analyst Sara Senatore maintains a Buy rating on Sweetgreen (NYSE:SG) but lowers the price target from $36 to $33.
The Buy rating suggests continued confidence in Sweetgreen's long-term prospects, but the lowered price target indicates some caution about short-term performance. This mixed signal is likely to result in a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100