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Cava Group price target raised to $160 from $148 at Baird
The Fly

Cava Group price target raised to $160 from $148 at Baird

Baird raised the firm’s price target on Cava Group (CAVA) to $160 from $148 and keeps an Outperform rating on the shares. The firm said they delivered another quarter of very strong operating momentum that is prompting a further upward revision to 2024-2025E revenue/EBITDA estimates.

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