First Watch Restaurant price target raised to $26 from $24 at Benchmark

Benchmark raised the firm’s price target on First Watch Restaurant (FWRG) to $26 from $24 and keeps a Buy rating on the shares. Shares remain “a Top Pick for FY25” given continuing improving traffic trends and First Watch’s category leadership position and growing scale advantages over competitors, the analyst tells investors in a post-earnings note.

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

Disclaimer & DisclosureReport an Issue