In a report released today, Jeff Bernstein from Barclays maintained a Buy rating on First Watch Restaurant Group (FWRG – Research Report), with a price target of $24.00. The company’s shares closed yesterday at $18.10.

Bernstein covers the Consumer Cyclical sector, focusing on stocks such as Darden Restaurants, Domino’s Pizza, and Shake Shack. According to TipRanks, Bernstein has an average return of 3.9% and a 57.00% success rate on recommended stocks.

First Watch Restaurant Group has an analyst consensus of Strong Buy, with a price target consensus of $25.40.

FWRG market cap is currently $1.1B and has a P/E ratio of 54.03.