FWRG Crosses Above Average Analyst Target
February 13, 2024 at 12:54 PM EST
In recent trading, shares of First Watch Restaurant Group Inc (FWRG) have crossed above the average analyst 12-month target price of $23.62, changing hands for $23.98/share. When a stock reaches the target an analyst has set, the analyst logically has two ways to react: downgrade on valuation, or, re-adjust their target price to a higher level..