Sweetgreen headwinds challenge path to profitability argues Cowen By Investing.com

[ad_1] © Reuters. Sweetgreen (SG) headwinds challenge path to profitability argues Cowen By Sam Boughedda Sweetgreen (NYSE:) was cut to Market Perform from Outperform, with its price target lowered to $12 per share from $19 by Cowen analysts on Tuesday. They told investors in a research note that the firm is worried the external environment … Read more

Apple would’ve grown in ‘vast majority’ of markets if not for FX headwinds: Cook

[ad_1] Apple (NASDAQ:AAPL) would’ve grown in the “vast majority” of the markets it operates on a year-over-year basis if not for the significant 800 basis point foreign exchange headwind, CEO Tim Cook said during the company’s conference call on Thursday. The iPhone and the Wearables, Home and Accessories business were the two segments most impacted … Read more