Piper Sandler Maintains Overweight on Cava Group, Raises Price Target to $63
Portfolio Pulse from Benzinga Newsdesk
Piper Sandler analyst Brian Mullan has maintained an Overweight rating on Cava Group (NYSE:CAVA) and increased the price target from $46 to $63.
February 28, 2024 | 3:42 pm
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Piper Sandler has maintained an Overweight rating on Cava Group and raised the price target from $46 to $63.
The increase in price target by a reputable analyst like Brian Mullan from Piper Sandler suggests a strong bullish outlook on Cava Group. This is likely to instill confidence in investors and could lead to a short-term increase in the stock price as the market reacts to the new price target.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100