Wells Fargo downgraded Sweetgreen (SG) to Equal Weight from Overweight with a $7 price target The firm sees the company’s fundamentals remaining challenged in 2026. Sweetgreen continues to face fast casual headwinds as its pricing reset will likely drive negative EBITDA estimate revisions in 2026, the analyst tells investors in a research note.
Claim 55% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on SG:
