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Stock impact report

Bank of America Launches Cava Coverage With Bullish Take [Yahoo! Finance]

CAVA Group, Inc. (CAVA) 
Company Research Source: Yahoo! Finance
The analysts gave Cava a $112 price target, which is about 30% above where Cava shares closed Monday. The bank said Cava is positioned to expand its customer base and potentially grow its footprint beyond its previously announced target of 1,000 stores. Bank of America analysts kicked off coverage for Cava Group ( CAVA ) on Monday with a “buy” rating for the fast-casual chain's stock. The analysts gave Cava a $112 price target—almost 30% above where its shares closed Monday. Other analysts are even more bullish, with the average target compiled by Visible Alpha at $124. Cava shares have had a tough start to the year, losing more than one-fifth of their value in 2025 so far amid broader concerns about consumer health . However, their recent slide could offer investors a "compelling buying opportunity" said Bank of America, suggesting Cava could be poised for growth as the chain attracts new diners, deepens its appeal with existing customers, and expands its footprint. New cu Show less Read more
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