Streetbeat News

CAVA

CAVA Group, Inc.

https://www.cava.com

Industry

Restaurants

CAVA Group, Inc. owns and operates a chain of Mediterranean restaurants. The company offers salads, dips, spreads, toppings, and dressings. It sells its products through whole food markets and grocery stores. The company also provides online food ordering services. Cava Group, Inc. was founded in 2006 and is based in Washington, District of Columbia.

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Wall Street showed mixed performance as investors await key events, including Nvidia's earnings and a crucial inflation report. Cruise lines rallied, while oil prices and energy stocks fell. Notable stock movements included Paramount Global's decline and CAVA Group's drop due to insider selling.

Portfolio Pulse from Piero Cingari

August 27, 2024 | 5:40 pm

The article lists the top 10 trending stocks on WallStreetBets as of August 27, 2024, according to Swaggy Stocks. The stocks mentioned include NVDA, WAY, LUNR, MADE, RKLB, ASTS, QQQ, SOFI, CAVA, and LOT.

Portfolio Pulse from Benzinga Newsdesk

August 27, 2024 | 1:13 pm

CAVA Group shares are experiencing a decline following Artal International S.C.A.'s filing of a Form 144, indicating a proposed sale of shares.

Portfolio Pulse from Benzinga Newsdesk

August 27, 2024 | 1:10 pm

Artal International S.C.A. has filed a Form 144 with the SEC for the proposed sale of 6 million shares of CAVA Group common stock, valued at $732 million.

Portfolio Pulse from Benzinga Newsdesk

August 27, 2024 | 1:09 pm

American Woodmark Corporation reported disappointing quarterly results, missing both earnings and sales estimates, leading to a 6.4% drop in pre-market trading. Other stocks like CAVA Group, Gaotu Techedu, Hims & Hers Health, Canopy Growth, Paramount Global, and UTime Limited also saw declines in pre-market trading.

Portfolio Pulse from Avi Kapoor

August 27, 2024 | 12:12 pm

U.S. stocks are experiencing a mixed start as traders await Nvidia's earnings and inflation data. Analysts suggest a shift from volatile tech stocks to dividend-paying stocks. Paramount Global and CAVA Group saw significant premarket declines due to strategic changes and insider sales, respectively.

Portfolio Pulse from Shanthi Rexaline

August 27, 2024 | 10:59 am

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.

Portfolio Pulse from Benzinga Newsdesk

August 26, 2024 | 3:12 pm

JP Morgan analyst John Ivankoe maintains a Neutral rating on Cava Group (NYSE:CAVA) but raises the price target from $77 to $90.

Portfolio Pulse from Benzinga Newsdesk

August 26, 2024 | 2:44 pm

Cava Group (NYSE:CAVA) has seen a surge in options trading, with a majority of trades being bullish. Whales are targeting a price range of $60 to $170. The stock is currently up 4.05% at $126.94, but RSI indicators suggest it may be overbought. Analysts have mixed ratings, with price targets ranging from $110 to $122.

Portfolio Pulse from Benzinga Insights

August 26, 2024 | 2:30 pm

Loop Capital has maintained a Hold rating on Cava Group while raising its price target from $80 to $122, indicating a positive outlook on the company's stock performance.

Portfolio Pulse from Benzinga Newsdesk

August 26, 2024 | 12:55 pm

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