BofA analyst Sara Senatore raised the firm’s price target on Cava Group (CAVA) to $82 from $80 and keeps a Buy rating on the shares. The firm is fine-tuning estimates for 22 restaurant companies across its coverage and adjusting select price targets to reflect estimate and valuation multiple changes.
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Read More on CAVA:
- CAVA Group Inc call volume above normal and directionally bullish
- Cava Group price target lowered to $80 from $86 at Morgan Stanley
- Cava Group names Doug Thompson as Chief Operations Officer
- Cava Group price target raised to $64 from $52 at Mizuho
- Cava Group initiated with an Outperform at Telsey Advisory