Freedom Capital Bullish on Dutch Bros and El Pollo Loco; FWRG Jumps 5%
FWRG•Freedom Capital turned bullish on Dutch Bros and El Pollo Loco on July 1, driving FWRG up 5.04%. Dutch Bros shares rose 1.48% on the call, highlighting increased investor optimism in these fast-casual brands.
1. Analyst Upgrade
Freedom Capital issued bullish ratings on Dutch Bros and El Pollo Loco, reflecting a shift to positive outlook for both brands. The firm cited strong growth prospects as the basis for its upgraded stance.
2. Market Reaction
Shares of FWRG climbed 5.04% on July 1 following the bullish call, while Dutch Bros stock gained 1.48% in midday trading. The price moves underscore investor appetite for these casual dining concepts.
