What Analysts Are Saying About Sweetgreen Stock
Portfolio Pulse from Benzinga Insights
Analysts have provided diverse evaluations of Sweetgreen (NYSE:SG) over the past three months, with a mix of bullish and neutral ratings. The average 12-month price target has increased to $35.87, reflecting a 10.95% rise from the previous target. Sweetgreen has shown a positive revenue trend but faces challenges with profitability and returns on equity and assets.
September 04, 2024 | 8:00 pm
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Sweetgreen has received mixed analyst ratings, with a recent increase in the average 12-month price target to $35.87, indicating a positive outlook. However, the company faces challenges in profitability and returns on equity and assets.
The increase in the average price target suggests a positive short-term outlook for Sweetgreen's stock. Despite challenges in profitability and returns, the positive revenue trend and analyst upgrades contribute to a likely upward movement in stock price.
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IMPORTANCE 80
RELEVANCE 100