Cava Group shares are trading higher after Loop Capital raised its price target on the stock from $80 to $120 and JP Morgan rose its price target from $77 to $90.
Portfolio Pulse from Benzinga Newsdesk
Cava Group shares are experiencing an upward trend following increased price targets from Loop Capital and JP Morgan. Loop Capital raised its target from $80 to $120, while JP Morgan increased its target from $77 to $90.
August 26, 2024 | 3:12 pm
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Cava Group shares are trading higher due to increased price targets from Loop Capital and JP Morgan. Loop Capital raised its target from $80 to $120, and JP Morgan from $77 to $90, indicating positive sentiment from analysts.
The increase in price targets by two major financial institutions suggests a strong positive outlook for Cava Group, likely leading to increased investor confidence and a rise in stock price.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100