TD Cowen Maintains Buy on Cava Group, Raises Price Target to $73
Portfolio Pulse from Benzinga Newsdesk
TD Cowen analyst Andrew Charles maintains a Buy rating on Cava Group (NYSE:CAVA) and raises the price target from $63 to $73, indicating a positive outlook on the stock.
April 11, 2024 | 5:18 pm
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TD Cowen maintains a Buy rating on Cava Group and increases the price target to $73, suggesting a strong growth potential.
The increase in price target by a reputable analyst like Andrew Charles from TD Cowen typically signals a strong conviction in the company's future performance and growth potential. This endorsement is likely to positively influence investor sentiment and could lead to a short-term increase in stock price as the market adjusts to the new price target.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100