---
title: "Citi Reaffirms Their Buy Rating on First Watch Restaurant Group (FWRG)"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/294953793.md"
description: "Citi analyst Jon Tower reaffirmed a Buy rating on First Watch Restaurant Group (FWRG) with a $20.00 price target. Tower, who covers the Consumer Cyclical sector, has a strong track record with a 10.3% average return and nearly 59% success rate. The stock currently holds a Strong Buy consensus among analysts, with an average price target of $18.67."
datetime: "2026-08-05T10:55:58.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/294953793.md)
  - [en](https://longbridge.com/en/news/294953793.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/294953793.md)
generator: "portal-rs"
---

# Citi Reaffirms Their Buy Rating on First Watch Restaurant Group (FWRG)

Citi analyst Jon Tower maintained a Buy rating on First Watch Restaurant Group today and set a price target of $20.00.

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Tower covers the Consumer Cyclical sector, focusing on stocks such as Wendy’s, BJ’s Restaurants, and Cracker Barrel. According to TipRanks, Tower has an average return of 10.3% and a 58.98% success rate on recommended stocks. 

First Watch Restaurant Group has an analyst consensus of Strong Buy, with a price target consensus of $18.67.

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## Related News & Research

- [Rice Hall James & Associates LLC Buys New Stake in First Watch Restaurant Group, Inc. $FWRG](https://longbridge.com/en/news/296335951.md)
- [Quantinno Capital Management LP Acquires 171,342 Shares of First Watch Restaurant Group, Inc. $FWRG](https://longbridge.com/en/news/295635579.md)
- [Analysts Offer Insights on Consumer Cyclical Companies: Five Below (FIVE) and Ermenegildo Zegna (ZGN)](https://longbridge.com/en/news/298143996.md)
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---
> **Disclaimer: This article is for reference only and does not constitute any investment advice.**