Sweetgreen is trading 6% up at $7.17 after broad risk-on trading followed August CPI data and major indexes gained more than 0.5%.
- Sweetgreen’s live gain exceeds the broader market’s advance, with no fresh earnings, deal, or operational catalyst identified.
- TD Cowen raised its price target from $5.00 to $6.00 on September 11 while retaining a Hold rating, providing limited additional support.