Baird lowered the firm’s price target on Cava Group (CAVA) to $95 from $115 and keeps an Outperform rating on the shares. The firm updated its model following Q2 results which showed disappointing comps but where the long term thesis remais intact.
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Read More on CAVA:
- Cava Group price target lowered to $97 from $107 at Morgan Stanley
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- Cava Group price target lowered to $100 from $122 at Piper Sandler
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