Cava rallies to record high as solid demand for steaks and salads boosts forecasts

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Go back to Cava rallies to record high as solid demand for steaks and salads boosts forecasts

CAVA Group Inc (CAVA) PT Raised to $122 at Loop Capital

August 26, 2024 7:16 AM EDT

Loop Capital analyst Alton Stump raised the price target on CAVA Group Inc (NYSE: CAVA) to $122.00 (from $80.00) while maintaining a Hold rating.

The analyst comments "CAVA reported another sharp EBITDA and solid comparable sales beat in 2Q; Maintaining our HOLD rating on... More

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

August 26, 2024 5:40 AM EDT

JPMorgan analyst John Ivankoe raised the price target on CAVA Group Inc (NYSE: CAVA) to $90.00 (from $77.00) while maintaining a Neutral rating.

The analyst comments "CAVAs multi-regional success continues to support eventual national scale - with 2Q24 headline SSS of 14.4% underpinned by 9%+ traffic coming... More