Critical Insights From Cava Group Analyst Ratings: What You Need To Know
Portfolio Pulse from Benzinga Insights
Analysts have provided mixed ratings for Cava Group (NYSE:CAVA) over the past three months, with a recent increase in the average 12-month price target to $88.92. The company has shown strong revenue growth and profitability, but faces challenges in return on equity.
July 30, 2024 | 7:00 pm
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Cava Group has received mixed analyst ratings over the past three months, with a recent increase in the average 12-month price target to $88.92. The company has shown strong revenue growth and profitability, but faces challenges in return on equity.
The increase in the average price target and the majority of analysts raising their ratings suggest a positive short-term impact on Cava Group's stock price. However, the mixed ratings and challenges in ROE may temper the overall enthusiasm.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100