Wedbush Maintains Outperform on Cava Group, Raises Price Target to $90
Portfolio Pulse from Benzinga Newsdesk
Wedbush analyst Nick Setyan maintains an Outperform rating on Cava Group (NYSE:CAVA) and raises the price target from $74 to $90.
May 29, 2024 | 10:05 am
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Wedbush analyst Nick Setyan has maintained an Outperform rating on Cava Group and increased the price target from $74 to $90, indicating strong confidence in the company's future performance.
The increase in the price target from $74 to $90 by a reputable analyst suggests a positive outlook for Cava Group's future performance. This is likely to boost investor confidence and drive the stock price up in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100