The Analyst Verdict: First Watch Restaurant Gr In The Eyes Of 7 Experts
Portfolio Pulse from Benzinga Insights
Analysts have mixed ratings for First Watch Restaurant Group (NASDAQ:FWRG), with a recent negative shift in sentiment as the average price target decreased by 13.69%. The company's financial performance shows strong revenue growth but challenges in profitability and returns.
August 27, 2024 | 12:00 pm
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NEGATIVE IMPACT
First Watch Restaurant Group has received mixed analyst ratings, with a recent decrease in the average price target by 13.69%. Despite strong revenue growth, the company faces challenges in profitability and returns.
The decrease in the average price target by 13.69% indicates a negative shift in analyst sentiment, which could lead to a short-term decline in stock price. Despite strong revenue growth, challenges in profitability and returns may concern investors.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100