According to data composed by S & P Global Market Intelligence,, Sweet (Nyse: sg) The shares have lost more than 10% of their value in the store this week. The operator of the salad and healthy food restaurant chain suffered from the newspaper news goal cut.
The cutter was Brian Harbor from an influential investment bank with white shoes Morgan Stanley. On Tuesday, Harbor brought a fairly assertive reduction of his Sweetgreen FER estimate of value, at $ 28 per share from his previous $ 32. In doing so, he maintained his equal weight (read: Keep) the recommendation for shares.
According to reports, the movement of analysts is not necessary for any news from Sweetgreen. Instead, he became less enthusiastic about the prospects for the US restaurant industry as a whole, as he expects the recovery sect to be slow – in his estimation he will grow in less than 5% compared to 2024, compared to last year’s 4% increase.
Caution seems to be in the air these days with restorer supplies. He had Burdo 2024. On an exchange, more than tripling in value during the year. Investors were particularly excited about Sweetgreen’s infinite kitchen The model, focused on the automation of its salad.
Sweetgreen puts a lot of hope and considerable resources of the company in an endless cuisine. Like the price of shares 2024, the number of his kitchens was equipped with a chefs salad exponentially – and quickly, jumping with just two at the end of his second quarter on five at the end of the next frame.
This is an exciting development of a valuable viewing, especially because it promises to save the company’s capital company on work costs. I would not be so hesitant or pessimistic in his chances; In my opinion, his stock looks like a very interesting speculative shopping for investors with above average tolerance at risk.
Before you buy supplies in Sweetgreen, take into account this:
AND Motley Fool Stock Advisor A team of analysts has just identified what they believe they are 10 of the best stocks That investors could buy now … and Sweetgreen was not one of them. 10 shares that made the cut could bring a monster return in the coming years.
Consider when Nvidia I made this list on April 15. 2005. … If you invested $ 1,000 at the time of our recommendation, You would have $ 902,242!*
It’s worth noting now Stock advisorThe total average refund is 947%-the market of the market compared to 178% For S & P 500. Don’t miss the latest top 10 list.
