First Watch Restaurant Group (FWRG) – Analysts’ Recent Ratings Changes

First Watch Restaurant Group (NASDAQ: FWRG) has recently received a number of price target changes and ratings updates:

• 8/8/2026 – First Watch Restaurant Group was upgraded by Wall Street Zen from “strong sell” to “sell”.
• 8/7/2026 – First Watch Restaurant Group had its price target lowered by Guggenheim from $21.00 to $20.00. They now have a “buy” rating on the stock.
• 8/5/2026 – First Watch Restaurant Group had its price target lowered by Citigroup Inc. from $21.00 to $20.00. They now have a “buy” rating on the stock.
• 8/4/2026 – First Watch Restaurant Group was upgraded by Weiss Ratings from “sell (d)” to “sell (d+)”.
• 7/18/2026 – First Watch Restaurant Group was downgraded by Wall Street Zen from “sell” to “strong sell”.
• 7/1/2026 – First Watch Restaurant Group was upgraded by Freedom Capital to “strong-buy”.
• 6/21/2026 – First Watch Restaurant Group was upgraded by Wall Street Zen from “strong sell” to “sell”.

First Watch Restaurant Group, Inc (NASDAQ: FWRG) operates a specialty daytime dining concept focused on breakfast, brunch and lunch. The company’s casual, full-service cafés emphasize fresh ingredients, made-to-order entrées and a seasonally driven menu that ranges from omelets and Benedicts to salads, skillets and afternoon sandwiches. First Watch positions itself as a daytime-only destination, with most locations opening early morning and closing by mid-afternoon.

Founded in 1983 by Ken Pendery and John Sullivan in Pacific Grove, California, First Watch began as a single café and gradually expanded through company-owned and select franchised locations.