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

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