Barclays Maintains Overweight on First Watch Restaurant Gr, Lowers Price Target to $21
Portfolio Pulse from Benzinga Newsdesk
Barclays analyst Jeffrey Bernstein maintains an Overweight rating on First Watch Restaurant Group (NASDAQ:FWRG) but lowers the price target from $27 to $21.
August 07, 2024 | 4:57 pm
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Barclays analyst Jeffrey Bernstein maintains an Overweight rating on First Watch Restaurant Group but lowers the price target from $27 to $21.
The lowered price target from $27 to $21 suggests a less optimistic outlook for First Watch Restaurant Group, which could negatively impact the stock price in the short term despite the maintained Overweight rating.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100