Cava Earnings Due With Hot IPO Nearly Doubling In 2024; Watch For This
CAVACAVA (CAVA) investors.com·2024-05-29 01:29

Mediterranean fast-casual food chain Cava Group (CAVA) reports Q1 earnings late Tuesday. CAVA stock hit a fresh record high ahead of results, with the hot IPO nearly doubling in 2024. X Stifel on Tuesday hiked its price target on CAVA stock to 90 from 66 and maintained a buy rating on shares, The Fly reported. The firm forecasts the report will "provide evidence of the organic flywheel effect," which occurs when incremental improvements accumulate momentum for significant growth. Meanwhile, Cava is a releva ...