From StockTwits: 2025-02-12 04:52:10

Sweetgreen Inc. ($SG) shares dropped over 10% after price target cuts ahead of Q4 earnings. Citi lowered price target to $43 from $49 with ‘Buy’ rating. Q4 earnings expected on Feb 26, with loss per share of $0.21 on revenue of $162.8 million. Risks to same-store-sales from holiday shifts, winter storms, and wildfires. Sentiment on Stocktwits improved to ‘bullish’ from ‘neutral’. Morgan Stanley analyst lowered price target to $28, sees cautious optimism for restaurant sector in 2025. Sweetgreen operates in over 240 locations and stock down 19% year-to-date.



Read more at StockTwits: Sweetgreen Stock Dips On Price-Target Cuts Ahead of Q4 Earnings, But Retail’s Bullish