TD Cowen lowered the firm’s price target on Sweetgreen (SG) to $10 from $15 and keeps a Hold rating on the shares. The firm said management is acting with urgency with new action plans following challenged 2Q results and what the firm estimates will be a depletion of cash at 2026-end.
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Read More on SG:
- Sweetgreen price target lowered to $13 from $25 at RBC Capital
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