Cava Group price target raised to $100 from $90 at TD Cowen

TD Cowen analyst Andrew Charles raised the firm’s price target on Cava Group (CAVA) to $100 from $90 and keeps a Buy rating on the shares after meeting with management. The firm continues to view Cava as a “clean, 2026 beat and raise story.” The company’s business approach will drive “enduring” traffic growth and continued strength in new store sales volumes through the medium term, the analyst tells investors in a research note. TD believes the company’s 2025 headwinds are “in the rearview.”