Research Alert: CFRA Reiterates Buy Opinion On Shares Of Cava Group Inc.

fidelity
2026.01.23 20:25
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CFRA has reiterated its Buy rating on Cava Group Inc. (CAVA) shares, which have risen 10% at the start of 2026 and 40% since November. The 12-month target price is raised by $8 to $74, based on a blended valuation. EPS estimates for 2025 remain at $0.59, while 2026's is increased to $0.77. CAVA aims for 1,000 stores by 2032, with a projected 20% growth in new stores for 2025. Despite a slowdown in traffic, the company has limited margin compression and continues to perform well against macroeconomic challenges.