Oppenheimer lowered the firm’s price target on Sweetgreen (SG) to $35 from $41 and keeps an Outperform rating on the shares. Consistent with the firm’s preview, the company’s initial full-year 2025 guidance will put pressure on sell-side’s lofty same-store sales and restaurant margin forecasts, the firm says.
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Read More on SG:
- Sweetgreen price target lowered to $35 from $45 at UBS
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