Wedbush Maintains Outperform on Cava Group, Raises Price Target to $120
Portfolio Pulse from Benzinga Newsdesk
Wedbush analyst Nick Setyan has maintained an Outperform rating on Cava Group and raised the price target from $100 to $120.
August 23, 2024 | 10:45 am
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Wedbush analyst Nick Setyan has maintained an Outperform rating on Cava Group and increased the price target from $100 to $120, indicating positive expectations for the company's stock performance.
The increase in the price target from $100 to $120 by Wedbush, along with the maintained Outperform rating, suggests a positive outlook for Cava Group's stock. This is likely to boost investor confidence and could lead to a short-term increase in the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100