As previously reported, BofA analyst Sara Senatore initiated coverage of Cava Group (CAVA) with a Buy rating and $112 price target. Cava has created a model that offers “compelling value to customers,” like “best-in-class operator peers” such as Chipotle (CMG) and Texas Roadhouse (TXRH), says the analyst, who sees a “long runway” with room for the company to grow volumes and expand margins.
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