In a report released today, Christopher Carril from RBC Capital initiated coverage with a Buy rating on Sweetgreen (SG – Research Report) and a price target of $40.00. The company's shares closed last Friday at $31.94. According to TipRanks.com, Carril is a 4-star analyst with an average return of 19.3% and a 74.7% success rate. Carril covers the Services sector, focusing on stocks such as Restaurant Brands International, Life Time Group Holdings, and Brinker International. The word on The Street in general, suggests a Strong Buy analyst consensus rating for Sweetgreen with a $40.33 average price target, representing a 32.2% upside.
https://www.tipranks.com/news/blurbs/rbc-capital-initiates-a-buy-rating-on-sweetgreen-sg?utm_source=advfn.com&utm_medium=referral
Sweetgreen (NYSE:SG)
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Sweetgreen (NYSE:SG)
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