UBS analyst Dennis Geiger raised the price target on CAVA Group Inc (NYSE: CAVA) to $85.00 (from $75.00) while maintaining a Neutral rating.

The analyst comments "For CAVA’s 1Q results (5/19), we expect solid sss trends despite adverse weather, with easing comparisons, menu innovation, and the loyalty refresh likely supporting sustained traffic momentum into 2Q. Key investor expectations we’ve heard include 1Q sss above Consensus and in the HSD% range or ~8-9% (Cons. 6.1%), with 2QTD trends remaining strong (Cons. 4.8% full 2Q). Expectations are also for an adj EBITDA beat and raised guidance for the year, including ’26 sss in the 4-6% range (from 3-5%, Cons. 5.0%) and adj EBITDA up ~$5MM at the midpoint (from $176-184MM, Cons. $185.4MM). We anticipate a focus on commentary for 2QTD trends and new store / Yr2 performance. Additionally, some investor concerns have emerged about the potential for likely solid results to meet / exceed lofty expectations, particularly after recent market reactions post results for select high growth brands last week. We believe CAVA remains a compelling growth story, with differentiated menu offerings, attractive sales catalysts and healthy new unit returns, and we're focused on further evidence of sustained outsized growth in a challenging macro to support an elevated valuation before getting more constructive on shares."