Sweetgreen Inc SG shares are trading higher by 5.98% to $13.82 Thursday morning. The stock is rising after B of A Securities analyst Sara Senatore upgraded shares from Neutral to Buy and raised the price target from $9 to $17.
In the last 3 months, 6 analysts have offered 12-month price targets for Sweetgreen. The company has an average price target of $11.00 with a high of $17.00 and a low of $9.00.
The company on Thursday also announced it will release its second-quarter 2023 financial results after the market closes on Thursday, July 27. The company will host a webcast at 5pm on that day to discuss the results.
See Also: Why Curis Shares Are Nosediving Thursday
According to data from Benzinga Pro, SG has a 52-week high of $21.66 and a 52-week low of $6.10.
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