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2025-03-312025-03-311111100
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bank of america initiates coverage of cava with buy rating and growth potential

Bank of America has initiated coverage of Cava Group with a "buy" rating and a price target of $112, indicating a potential 30% upside. The analysts believe Cava can expand beyond its goal of 1,000 locations, supported by new menu items and a revamped loyalty program, despite recent stock declines. Cava currently operates nearly 370 locations and has seen a 25% increase in value over the past year.
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Visible Alpha LLC CAVA Group, Inc. Bank of America Corporation S&P Global Inc. JPMorgan Chase & Co. USA Show more
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22:49 31.03.2025
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