BofA lowered the firm’s price target on First Watch Restaurant (FWRG) to $19 from $20 and keeps a Buy rating on the shares. The firm is updating estimates and price target among its restaurant coverage ahead of calendar Q1 earnings from the group.
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Read More on FWRG:
- First Watch Restaurant price target lowered to $22 from $24 at Benchmark
- First Watch Restructures Operations After COO Departure
- First Watch Delivers Growth Despite Traffic Headwinds
- DA Davidson starts First Watch Restaurant at Buy, sees est. upside for two years
- First Watch Restaurant initiated with a Buy at DA Davidson
