Piper Sandler Initiates Coverage On Cava Group with Overweight Rating, Announces Price Target of $45
Portfolio Pulse from richadhand@benzinga.com
Piper Sandler analyst Brian Mullan has initiated coverage on Cava Group (NYSE:CAVA) with an Overweight rating and a price target of $45.
July 10, 2023 | 11:02 am
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POSITIVE IMPACT
Piper Sandler's Overweight rating and price target of $45 for Cava Group could potentially boost investor confidence and positively impact the stock's short-term price.
Analyst ratings and price targets can significantly influence investor sentiment and stock prices. Given Piper Sandler's reputation, their Overweight rating and price target of $45 for Cava Group could lead to increased investor interest and a potential rise in the stock's short-term price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100