Truist analyst Jake Bartlett raised the firm’s price target on Cava Group (CAVA) to $78 from $66 and keeps a Buy rating on the shares. After a challenging year for restaurants, the outlook for 2026 is mixed, with temporary tailwinds from tax refunds and favorable weather but ongoing headwinds from slowing job growth, consumer confidence, and commodity inflation, the analyst tells investors in a research note.
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