Piper Sandler Downgrades Sweetgreen to Neutral, Raises Price Target to $39
Portfolio Pulse from Benzinga Newsdesk
Piper Sandler has downgraded Sweetgreen from Overweight to Neutral, while raising the price target from $33 to $39.
August 19, 2024 | 4:12 pm
News sentiment analysis
Sort by:
Ascending
NEUTRAL IMPACT
Piper Sandler downgraded Sweetgreen from Overweight to Neutral, indicating a more cautious outlook. However, the price target was raised to $39, suggesting some positive expectations.
The downgrade from Overweight to Neutral suggests a less bullish stance by Piper Sandler, which could lead to a neutral short-term impact on the stock price. However, the raised price target to $39 indicates some positive expectations, balancing the downgrade.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100