First Watch Restaurant Group shares are trading higher after Stephens & Co. initiated coverage on the stock with an Overweight rating and announced a price target of $20.
Portfolio Pulse from Benzinga Newsdesk
First Watch Restaurant Group shares rose after Stephens & Co. initiated coverage with an Overweight rating and a $20 price target.
October 17, 2024 | 6:54 pm
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POSITIVE IMPACT
First Watch Restaurant Group shares increased following Stephens & Co.'s initiation of coverage with an Overweight rating and a $20 price target.
The initiation of coverage by Stephens & Co. with an Overweight rating and a $20 price target is a positive signal for investors, likely boosting investor confidence and driving the stock price higher in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100