TD Cowen Reiterates Buy Rating on Sweetgreen Inc (SG)

TD Cowen analyst Andrew Charles reiterated a Buy rating and $45.00 price target on Sweetgreen Inc (NYSE: SG).

The analyst commented, "We gained greater appreciation for the sustainability of the successful same store sales playbook + the near & long-term benefits provided by the Infinite Kitchen. We continue to believe the medium term IK margin expansion story is underappreciated while IK AUV expansion is the next leg of the bull case. We have greater confidence in our above consensus 2025E SSS & elevate shares to #2 pick."

For an analyst ratings summary and ratings history on Sweetgreen Inc click here. For more ratings news on Sweetgreen Inc click here.

Shares of Sweetgreen Inc closed at $33.51 yesterday.

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