Stifel Maintains Buy on Cava Group, Raises Price Target to $118
Portfolio Pulse from Benzinga Newsdesk
Stifel analyst Chris O'Cull maintains a Buy rating on Cava Group and raises the price target from $110 to $118.
August 23, 2024 | 11:29 am
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POSITIVE IMPACT
Stifel analyst Chris O'Cull has reaffirmed a Buy rating on Cava Group and increased the price target from $110 to $118, indicating confidence in the company's future performance.
The increase in price target from $110 to $118 by Stifel suggests a positive outlook on Cava Group's future performance. Maintaining a Buy rating indicates continued confidence in the stock, likely leading to a positive short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100