Move Over, Chipotle -- Cava Sees Revenue Surge. Time to Buy the Stock?
Could Cava be the next Chipotle?
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Could Cava be the next Chipotle?
The fast-casual Mediterranean restaurant chain trades at an elevated valuation in a highly competitive industry.
CAVA Group (NYSE:CAVA – Get Free Report) had its price target raised by analysts at Wedbush from $74.00 to $90.00 in a report released on Wednesday, Marketbeat Ratings reports. The firm presently has an “outperform” rating on the stock. Wedbush’s price target would suggest a potential downside of 3.41% from the company’s previous close. Several […]
CAVA Group (NYSE:CAVA – Free Report) had its price objective increased by Wedbush from $74.00 to $90.00 in a report issued on Wednesday, MarketBeat.com reports. The firm currently has an outperform rating on the stock. A number of other equities analysts have also commented on CAVA. Robert W. Baird raised their price target on shares […]
Cava reported its financial results for the first quarter on Tuesday. Here's what its CEO Brett Schulman said in a press release today.