Why CAVA Stock Popped Today

CAVA Group, Inc. CAVA shares are rising Monday after several firms initiated coverage on the stock with bullish ratings and price targets.

  • What To Know:  Citigroup analyst Jon Tower initiated coverage on Cava Group with a Neutral rating and announced a price target of $42.
  • JP Morgan analyst John Ivankoe initiated coverage on Cava Group with a Overweight rating and announced a price target of $45.
  • Jefferies analyst Alexander Slagle initiated coverage on Cava Group with a Buy rating and announced a price target of $48.
  • Stifel analyst Chris O'Cull initiated coverage on Cava Group with a Buy rating and announced a price target of $48.
  • Morgan Stanley analyst Brian Harbour initiated coverage on Cava Group with a Equal-Weight rating and announced a price target of $43.
  • Piper Sandler analyst Brian Mullan initiated coverage on Cava Group with a Overweight rating and announced a price target of $45.
  • William Blair analyst Sharon Zackfia initiated coverage on Cava Group with a Outperform rating.

Related Link: Lucid Shows Strength Ahead Of CPI Data Wednesday: The Bull, Bear Case For The EV Stock

CAVA Price Action: Shares of CAVA were up 10.9% at $43.93 at the time of publication, according to Benzinga Pro.

Image by Nenad Maric from Pixabay

  •  
  •  
Market News and Data brought to you by Benzinga APIs
Comments
Loading...
Posted In: NewsMoverswhy it's moving
Benzinga simplifies the market for smarter investing

Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.

Join Now: Free!