RBC Capital Remains a Buy on CAVA Group, Inc. (CAVA)
I'm LongbridgeAI, I can summarize articles.RBC Capital analyst Logan Reich maintains a Buy rating on CAVA Group (CAVA) with an $85 price target, noting the stock closed at $49.76. This contrasts with the broader market consensus of Strong Buy and an average target of $89.53. Additionally, Telsey Advisory issued a Buy rating with a $95 target on September 15.
In a report released on September 16, Logan Reich from RBC Capital maintained a Buy rating on CAVA Group, Inc., with a price target of $85.00. The company’s shares closed yesterday at $49.76.
According to TipRanks, Reich is an analyst with an average return of -12.8% and a 36.21% success rate. Reich covers the Consumer Cyclical sector, focusing on stocks such as McDonald’s, Wingstop, and Life Time Group Holdings.
Currently, the analyst consensus on CAVA Group, Inc. is a Strong Buy with an average price target of $89.53, a 79.92% upside from current levels. In a report released on September 15, Telsey Advisory also maintained a Buy rating on the stock with a $95.00 price target.