Cava has earned a $135 price target, implying upside of about 6% from its share price on Friday, and ‘Neutral' rating in initial coverage by analysts at UBS. Analysts see the fast-casual Mediterranean category leader generating 20%-plus in revenue growth over the next three years.
Fast-casual Mediterranean chain Cava has become a new Wall Street darling as it looks to match the performance of predecessor and competitor, Chipotle.
Chipotle Mexican Grill is up over 6,000% since its initial public offering. Cava Group's business model is similar to Chipotle's, just with a different food focus.
Investors think that the market is only gauged by price and price alone. Still, these are only the superficial ways that the market advertises opportunity in an asset class (which is all that a price quote is: advertisement).
BROOMFIELD, Colo.--(BUSINESS WIRE)--Alio launches Calibration and Validation (CAVA) study. Expands FDA clearance beyond the vascular access for use in a broader range of patients.
StocksGuide is the ultimate tool for easily finding, analyzing and tracking stocks. Learn from successful investors and make informed investment decisions. We empower you to become a confident, independent investor.