RBC Capital Remains a Buy on Sweetgreen (SG)
I'm LongbridgeAI, I can summarize articles.RBC Capital analyst Logan Reich maintained a Buy rating on Sweetgreen (SG) with a $7.00 price target, while shares closed at $6.17. This contrasts with the general market consensus of Hold and an average price target of $8.17. Additionally, Citi recently reaffirmed a Buy rating on SG with a higher $10.00 target.
RBC Capital analyst Logan Reich maintained a Buy rating on Sweetgreen yesterday and set a price target of $7.00. The company’s shares closed yesterday at $6.17.
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Reich covers the Consumer Cyclical sector, focusing on stocks such as Texas Roadhouse, Restaurant Brands International, and Life Time Group Holdings. According to TipRanks, Reich has an average return of -6.6% and a 47.53% success rate on recommended stocks.
The word on The Street in general, suggests a Hold analyst consensus rating for Sweetgreen with a $8.17 average price target, which is a 32.41% upside from current levels. In a report released on July 20, Citi also maintained a Buy rating on the stock with a $10.00 price target.