Oppenheimer Adjusts Sweetgreen PT to $8.50 From $10, Maintains Outperform Rating
Oppenheimer lowered its price target on Sweetgreen to $8.50 from $10 while keeping an Outperform rating, according to the firm. The note cites ongoing traffic headwinds tied to a cyclospora outbreak, as referenced in related coverage. The change may affect investor expectations for the restaurant chain’s near-term performance.
