CAVA Group, Inc. (NYSE: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
