KeyBanc raised the firm’s price target on Cava Group (CAVA) to $105 from $95 and keeps an Overweight rating on the shares. For Q1 restaurant earnings, the firm expects key focus topics to be April/quarter-to-date trends and updated 2026 outlooks that will now take into account a more uncertain/volatile macro backdrop.
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Read More on CAVA:
- Cava opens location in Cottleville, Missouri
- Cava Group introduces Glazed Salmon seafood offering
- Cava Group price target raised to $80 from $72 at Mizuho
- Cava Group price target raised to $100 from $90 at TD Cowen
- RBC Capital has higher confidence in Cava Group’s comps outlook
