Barclays Maintains Equal-Weight on Cava Group, Raises Price Target to $95
Portfolio Pulse from Benzinga Newsdesk
Barclays analyst Jeffrey Bernstein has maintained an Equal-Weight rating on Cava Group (NYSE:CAVA) while raising the price target from $72 to $95.
August 23, 2024 | 1:42 pm
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POSITIVE IMPACT
Barclays has maintained an Equal-Weight rating on Cava Group and increased the price target from $72 to $95, indicating a positive outlook.
The increase in price target from $72 to $95 by Barclays suggests a positive outlook for Cava Group, which could lead to a short-term increase in stock price. The Equal-Weight rating indicates a neutral stance, but the raised target price is a positive signal.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100