Citi lowered the firm’s price target on Cava Group (CAVA) to $88 from $102 and keeps a Neutral rating on the shares. The firm adjusted the company’s model post the Q2 report to reflect the comp sales miss and 2025 same-store-sales guidance cut.
Claim 55% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on CAVA:
- Cava Group price target lowered to $100 from $122 at Piper Sandler
- Cava Group price target lowered to $74 from $91 at Barclays
- Cava Group price target lowered to $85 from $100 at KeyBanc
- CAVA Group, Inc.: Strong Growth Potential and Financial Stability Support Buy Rating
- CAVA Group, Inc.: Strong Fundamentals Amid Sales Concerns and Valuation Challenges
