Wells Fargo Sees Fundamentals Improving for Sweetgreen, Inc. (SG) in H2 FY25; Gives It an ‘Overweight’ Rating
Sweetgreen, Inc. (NYSE:SG) remains one of the7 best future food stocks to buy according to analysts.
A lab technician analyzing natural food protection ingredients to ensure quality products.
Wells Fargo has expressed its expectation that Sweetgreen, Inc.’s (NYSE:SG) fundamentals will improve in the second half of 2025. The analyst supports this expectation with faster throughput, operational improvements, high-teens unit growth, and over 40% cash-on-cash returns. As such, Wells Fargo has initiated coverage of Sweetgreen, Inc. (NYSE:SG) with an ‘Overweight’ rating and a $19 price target on June 17, 2025. Thus, the analyst thinks that the company is poised for strong expansion in the near future, making it one of the best future food stocks.
Sweetgreen, Inc. (NYSE:SG) runs several fast-food restaurants with a mission to build healthier communities by providing people with healthy food. It does so by developing a transparent supply chain, investing in local farmers and growers.
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