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.
Protect Your Portfolio Against Market Uncertainty
- Discover companies with rock-solid fundamentals in TipRanks' Smart Value Newsletter.
- Receive undervalued stocks, resilient to market uncertainty, delivered straight to your inbox.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on CAVA: