Oppenheimer analyst Brian Bittner lowered the firm’s price target on Sweetgreen (SG) to $9 from $10 and keeps an Outperform rating on the shares. The firm notes the company closed the books on a very challenging 2025, but the sales headwinds aren’t vanishing as 2026 begins. This dynamic was anticipated, yet 2026 financial guidance is still initiated below consensus. Investors are likely to view new 2026 estimates with an overhang given the outlook’s reliance on a sales inflection in the second half of 2026 as comparisons ease and management’s initiatives create an impact, Oppenheimer adds.
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