TD Cowen lowered the firm’s price target on Cava Group (CAVA) to $67 from $80 and keeps a Buy rating on the shares. The firm noted the company is not immune from the October industry slowdown, with QTD tracking above the midpoint of implied +1% to -4% 4Q guidance.
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Read More on CAVA:
- Cava Group price target lowered to $86 from $95 at Morgan Stanley
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