Barclays Maintains Overweight on First Watch Restaurant Gr, Lowers Price Target to $18
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 $21 to $18.
October 22, 2024 | 4:23 pm
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Barclays analyst Jeffrey Bernstein maintains an Overweight rating on First Watch Restaurant Group but lowers the price target from $21 to $18, indicating a more cautious outlook.
The lowering of the price target from $21 to $18 by Barclays suggests a more cautious outlook on First Watch Restaurant Group's stock performance, which could lead to a short-term negative impact on the stock price.
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