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.

Open

75.85

Mkt cap

Volume

3.3M

High

78.65

P/E Ratio

70.44

52-wk high

172.43

Low

75.50

Div yield

N/A

52-wk low

58.22

TD Cowen analyst Andrew Charles maintains a Buy rating on Cava Group and raises the price target from $115 to $130.

Portfolio Pulse from Benzinga Newsdesk

September 23, 2024 | 9:48 am

The article highlights unusual options activity for 10 consumer discretionary stocks, providing insights into potential trading opportunities. Notable mentions include bearish sentiment for Tesla (TSLA) and Carvana (CVNA), and bullish sentiment for NIO and Darden Restaurants (DRI).

Portfolio Pulse from Benzinga Insights

September 19, 2024 | 5:35 pm

TD Cowen analyst Andrew Charles has reiterated a Buy rating on Cava Group (NYSE:CAVA) and maintained a price target of $115.

Portfolio Pulse from Benzinga Newsdesk

September 12, 2024 | 2:40 pm

Argus Research has maintained a Buy rating on Cava Group and increased its price target from $104 to $128, indicating a positive outlook for the company's stock.

Portfolio Pulse from Benzinga Newsdesk

September 11, 2024 | 4:38 pm

In August, Affirm, Shopify, and Starbucks were among the top-performing large-cap stocks. Affirm's shares rose 66.58% due to strong earnings and guidance. Shopify's shares increased by 27.33% following a strong earnings report. Starbucks' stock was up 25.91% as Chipotle's CEO was named its new Chairman and CEO.

Portfolio Pulse from Lekha Gupta

September 08, 2024 | 4:47 pm

Deep-pocketed investors are showing significant interest in Cava Group (NYSE:CAVA) options, with a mix of bullish and bearish sentiments. The options activity suggests a potential price range of $95 to $185. Analysts maintain positive ratings with target prices around $110 to $125.

Portfolio Pulse from Benzinga Insights

September 06, 2024 | 2:16 pm

Several top Wall Street analysts have downgraded their ratings for major companies, including Equinor ASA, Bancolombia S.A., CAVA Group, Inc., Okta, Inc., and comScore, Inc. These downgrades reflect changes in price targets and market outlooks.

Portfolio Pulse from Avi Kapoor

August 29, 2024 | 12:57 pm

Analysts have varied ratings for Cava Group (NYSE:CAVA), with recent updates showing a shift towards more bullish sentiments. The average 12-month price target has increased by 16.18% to $106.19. Cava Group has shown strong revenue growth and net margins, but its ROE lags behind industry averages.

Portfolio Pulse from Benzinga Insights

August 29, 2024 | 12:00 pm

Cava Group shares declined following a downgrade by Morgan Stanley from Overweight to Equal-Weight, despite an increased price target from $90 to $110.

Portfolio Pulse from Benzinga Newsdesk

August 29, 2024 | 11:48 am

Morgan Stanley analyst Brian Harbour has downgraded Cava Group from Overweight to Equal-Weight, while raising the price target from $90 to $110.

Portfolio Pulse from Benzinga Newsdesk

August 29, 2024 | 9:29 am

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