First Watch Restaurant price target lowered to $24 from $25 at Stephens

Stephens lowered the firm’s price target on First Watch Restaurant (FWRG) to $24 from $25 and keeps an Overweight rating on the shares after the company reported “strong” Q4 results and gave FY25 guidance that the firm views as better-than-expected on the top-line, but modestly below at the mid-point of adjusted EBITDA.

Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>

Disclaimer & DisclosureReport an Issue