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

137.75

Mkt cap

16B

Volume

3.7M

High

142.09

P/E Ratio

785.44

52-wk high

172.43

Low

135.10

Div yield

N/A

52-wk low

31.47

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

Several large-cap stocks, including Zoom Video, MicroStrategy, and Target, saw significant gains last week due to better-than-expected earnings and positive economic indicators. Notable performers include CAVA Group, Keysight Technologies, and Toll Brothers.

Portfolio Pulse from Lekha Gupta

August 25, 2024 | 3:45 pm

U.S. stocks rose with the Nasdaq gaining over 1%. Workday shares climbed 13% after strong Q2 earnings. Sequans Communications surged 115% on revenue growth, while CAVA Group rose 21% on positive financial results. iQIYI and Farmmi saw significant declines due to downgrades and offerings.

Portfolio Pulse from Avi Kapoor

August 23, 2024 | 6:51 pm

Citigroup analyst Jon Tower maintains a Neutral rating on Cava Group (NYSE:CAVA) but raises the price target from $93 to $115.

Portfolio Pulse from Benzinga Newsdesk

August 23, 2024 | 6:44 pm

The article highlights significant options activity in the Consumer Discretionary sector, focusing on large trades by 'whales' in companies like TSLA, BABA, AMZN, and others. These trades can indicate potential market movements.

Portfolio Pulse from Benzinga Insights

August 23, 2024 | 5:35 pm

U.S. stocks rose with the Nasdaq Composite gaining 150 points. Intuit reported strong Q4 results and announced a $3 billion share repurchase. Sequans, CAVA, and Workday saw significant stock price increases due to positive earnings, while ZKH, Farmmi, and Red Robin faced declines due to disappointing results.

Portfolio Pulse from Avi Kapoor

August 23, 2024 | 4:14 pm

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