After-hours movers: CAVA Group, Robinhood, American Airlines and more

CAVA Group Inc (CAVA) PT Raised to $94 at Jefferies

Jefferies analyst Andy Barish raised the price target on CAVA Group Inc (NYSE: CAVA) to $94.00 (from $72.00) while maintaining a Buy rating.

The analyst comments "1Q EBITDA $33.3m vs $22.5m Cons on SSS & RLM upside, with FY24 guide raised for both, & suggests sequential... More

CAVA Group Inc (CAVA) PT Raised to $90 at Wedbush

Wedbush analyst Nick Setyan raised the price target on CAVA Group Inc (NYSE: CAVA) to $90.00 (from $74.00) while maintaining a Outperform rating.

BofA Securities Reiterates Neutral Rating on Digital Turbine (APPS)

BofA Securities analyst Omar Dessouky reiterated a Neutral rating and $3.00 price target on Digital Turbine (NASDAQ: APPS).

The analyst comments "4FQ Revenue of $112mn was below BofA/Street/Guide ($118mn), though EBITDA margin exceeded expectations on cost discipline. The revenue miss was... More

RBC Capital Reiterates Underperform Rating on Box, Inc. (BOX)

RBC Capital analyst Rishi Jaluria reiterated an Underperform rating and $21.00 price target on Box, Inc. (NYSE: BOX).

The analyst comments "Box printed decent results, leading shares flat after-hours. Excluding all the noise from currency movements, billings was essentially in-line, FY25 revenue... More

Box, Inc. (BOX) PT Lowered to $30 at Morgan Stanley

Morgan Stanley analyst Josh Baer lowered the price target on Box, Inc. (NYSE: BOX) to $30.00 (from $32.00) while maintaining a Equalweight rating.

The analyst comments "On a constant currency basis, Q1 was in line or slightly better vs. mgt expectations; however, Q1 billings... More

American Airlines (AAL) PT Lowered to $18 at Bernstein SocGen Group

Bernstein SocGen Group analyst David Vernon lowered the price target on American Airlines (NASDAQ: AAL) to $18.00 (from $22.00) while maintaining a Outperform rating.

The analyst comments "AALs significant 2Q guidance cut and announcement of CCO Vasu Rajas departure mark a disappointing start... More

CAVA Group Inc (CAVA) PT Raised to $77 at JPMorgan

JPMorgan analyst John Ivankoe raised the price target on CAVA Group Inc (NYSE: CAVA) to $77.00 (from $64.00) while maintaining a Overweight rating.

The analyst comments "CAVA results - and resulting stock price - are demonstrating a visible expansion from multi-regional success to eventual national scale. We... More

Box, Inc. (BOX) PT Lowered to $31 at UBS

UBS analyst Rich Hilliker lowered the price target on Box, Inc. (NYSE: BOX) to $31.00 (from $34.00) while maintaining a Buy rating.

The analyst comments "Box reported a solid 1QFY25 print delivering more upside to results vs past quarters with rev growth of 5% y/y / 8% y/y constant currency (CC) and gross / op margin of 80.2% /... More

CAVA Group Inc (CAVA) PT Raised to $85 at Morgan Stanley

Morgan Stanley analyst Brian Harbour raised the price target on CAVA Group Inc (NYSE: CAVA) to $85.00 (from $68.00) while maintaining a Overweight rating.

The analyst comments "Our view on the stock at this point: We remain OW the shares here, and after having doubled YTD, risk-reward skew isn't as compelling as it was and we've had to... More

Deutsche Bank Reiterates Buy Rating on American Airlines (AAL)

Deutsche Bank analyst Michael Linenberg reiterated a Buy rating and $17.00 price target on American Airlines (NASDAQ: AAL).

The analyst comments "American provided an updated outlook for the June quarter which now calls for a year-over-year unit revenue (i.e., TRASM) decline of 5% to 6% versus its prior... More

American Airlines (AAL) PT Lowered to $11 at BofA Securities

BofA Securities analyst Andrew Didora lowered the price target on American Airlines (NASDAQ: AAL) to $11.00 (from $12.00) while maintaining a Underperform rating.

The analyst comments "We wrote post-1Q24 earnings that AALs 2Q24 revenue outlook appeared aggressive to us (see report), and the... More

Citi Reiterates Buy Rating on Box, Inc. (BOX)

Citi analyst Steven Enders reiterated a Buy rating and $32.00 price target on Box, Inc. (NYSE: BOX).

The analyst comments "Box reported a solid beat/raise to core metrics when adjusting for FX despite the headline guide down for the year on... More

CAVA Group Inc (CAVA) PT Raised to $87 at Citi

Citi analyst Jon Tower raised the price target on CAVA Group Inc (NYSE: CAVA) to $87.00 (from $81.00) while maintaining a Neutral rating.

The analyst comments "Investor expectations were high heading into the print (shares +92% YTD) and CAVA delivered another strong quarter/outlook where... More

Digital Turbine (APPS) PT Lowered to $2.50 at Roth/MKM

Roth/MKM analyst Darren Aftahi lowered the price target on Digital Turbine (NASDAQ: APPS) to $2.50 (from $3.00) while maintaining a Neutral rating.

The analyst comments "Mixed results for APPS with weak U.S. device sales remaining a major headwind. FY25 guidance shows... More