Lake Street analyst Mark Smith lowered the firm's price target on One Group Hospitality to $4 from $5 and keeps a Buy rating on the shares after the group announced Q4 preliminary revenue and comp results that came in below the firm's expectations. The firm thinks results reflect "a solid finish to the year despite a challenging consumer backdrop," says the analyst, who bases the firm's revised target on the firm's new 2026 adjusted EBITDA estimate of $102.4M.
