Cava Group's Options Frenzy: What You Need to Know
Portfolio Pulse from Benzinga Insights
Cava Group has seen significant options trading activity, with 17 unusual trades identified. The majority of these trades are bullish, indicating positive sentiment among traders. Analysts have mixed ratings on Cava Group, with target prices ranging from $90 to $120. The stock is currently trading at $119.71, up 1.36%, but RSI indicators suggest it may be overbought.
August 28, 2024 | 2:32 pm
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Cava Group has experienced a surge in options trading, with a majority of trades being bullish. Analysts have mixed ratings, with target prices ranging from $90 to $120. The stock is currently trading at $119.71, up 1.36%, but RSI indicators suggest it may be overbought.
The article highlights significant options trading activity for Cava Group, with a majority of trades being bullish. This suggests positive sentiment among traders, which could lead to a short-term price increase. However, the stock's current RSI indicates it may be overbought, which could limit upward movement. Analysts' target prices vary, but the overall sentiment is positive, supporting a likely short-term price increase.
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