First Watch Restaurant Group, Inc. (FWRG) Tops Q1 EPS by 2c ; Provides Outlook
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First Watch (FWRG) PT Lowered to $28 at Jefferies
May 7, 2024 4:19 PM EDTJefferies analyst Andy Barish lowered the price target on First Watch (NASDAQ: FWRG) to $28.00 (from $30.00) while maintaining a Buy rating.
The analyst comments "Solid 1Q but traffic trends worse than expected (2QTD -MSD%), thus F24 SSS outlook lowered to 0-2% (from 1-3%).... More
