CAVA Group downgraded by Piper Sandler with a new price target
$CAVA
Restaurants
Consumer Discretionary
Piper Sandler downgraded CAVA Group from Overweight to Neutral and set a new price target of $92.00 from $63.00 previously
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| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 11/20/2024 | $145.00 | Mkt Perform | Bernstein |
| 9/27/2024 | $135.00 | Neutral | UBS |
| 8/29/2024 | $90.00 → $110.00 | Overweight → Equal-Weight | Morgan Stanley |
| 8/23/2024 | $93.00 → $115.00 | Neutral | Citigroup |
| 6/3/2024 | $77.00 | Overweight → Neutral | JP Morgan |
| 5/30/2024 | $63.00 → $92.00 | Overweight → Neutral | Piper Sandler |
| 4/15/2024 | $58.00 | Equal Weight | Barclays |
| 4/10/2024 | $70.00 | Hold → Buy | Argus |
SC 13G/A - CAVA GROUP, INC. (0001639438) (Subject)
SC 13G/A - CAVA GROUP, INC. (0001639438) (Subject)
SC 13G/A - CAVA GROUP, INC. (0001639438) (Subject)
Bernstein initiated coverage of CAVA Group with a rating of Mkt Perform and set a new price target of $145.00
UBS initiated coverage of CAVA Group with a rating of Neutral and set a new price target of $135.00
Morgan Stanley downgraded CAVA Group from Overweight to Equal-Weight and set a new price target of $110.00 from $90.00 previously
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Deep-pocketed investors have adopted a bearish approach towards Cava Group (NYSE:CAVA), and it's something market players shouldn't ignore. Our tracking of public options records at Benzinga unveiled this significant move today. The identity of these investors remains unknown, but such a substantial move in CAVA usually suggests something big is about to happen. We gleaned this information from our observations today when Benzinga's options scanner highlighted 13 extraordinary options activities for Cava Group. This level of activity is out of the ordinary. The general mood among these heavyweight investors is divided, with 23% leaning bullish and 53% bearish. Among these notable options, 5
Cava Group's (NYSE:CAVA) short percent of float has risen 5.67% since its last report. The company recently reported that it has 10.38 million shares sold short, which is 13.79% of all regular shares that are available for trading. Based on its trading volume, it would take traders 3.72 days to cover their short positions on average. Why Short Interest Matters Short interest is the number of shares that have been sold short but have not yet been covered or closed out. Short selling is when a trader sells shares of a company they do not own, with the hope that the price will fall. Traders make money from short selling if the price of the stock falls and they lose if it rises. Short interest i
144 - CAVA GROUP, INC. (0001639438) (Subject)
144 - CAVA GROUP, INC. (0001639438) (Subject)
144 - CAVA GROUP, INC. (0001639438) (Subject)
4 - CAVA GROUP, INC. (0001639438) (Issuer)
4 - CAVA GROUP, INC. (0001639438) (Issuer)
4 - CAVA GROUP, INC. (0001639438) (Issuer)
Year Over Year CAVA Revenue Growth of 39.0% Including CAVA Same Restaurant Sales Growth of 18.1% 11 Net New CAVA Restaurant Openings During Quarter Third Quarter 2024 CAVA Restaurant-Level Profit Margin of 25.6% CAVA Group, Inc. (NYSE:CAVA) ("CAVA Group" or the "Company"), the category-defining Mediterranean fast-casual restaurant brand that brings heart, health, and humanity to food, today announced financial results for its fiscal third quarter ended October 6, 2024. "Our third quarter results demonstrate the strength of our Mediterranean category-defining brand and the broad appeal of our unique value proposition, creating what is quickly becoming the next major cultural cuisine
CAVA Group, Inc. (NYSE:CAVA), the category-defining Mediterranean fast-casual restaurant brand that brings heart, health, and humanity to food, will host a conference call on Tuesday, November 12, 2024 at 5:00 PM Eastern Time to discuss third quarter 2024 financial results and provide a business update. A press release with third quarter financial results will be issued at approximately 4:10 PM Eastern Time on Tuesday, November 12, 2024. The call will be webcast live from the Company's website on the investor relations page at investor.cava.com. A recorded webcast will be available on CAVA's investor relations website shortly after the call and available for up to one year. About CAVA C
CAVA, the category-defining Mediterranean fast-casual restaurant brand, today announced that it will be launching Garlic Ranch Pita Chips, the brand's first-ever variation on the original pita chips beloved by CAVA fans. This new, limited-time menu item features a Mediterranean-inspired ranch seasoning, with onion, garlic, and paprika shining brightly alongside CAVA's proprietary herb mix. Together with CAVA's original flavor, Garlic Ranch Pita Chips will be available at CAVA locations across the country the week of October 7. Paired with any dip, spread, or enjoyed on their own, they are perfect for serving consumers' increasing desire for snacking options. "Our classic pita chips have a
CHICAGO, IL and VANCOUVER, BC / ACCESSWIRE / February 8, 2024 / The Planting Hope Company Inc. (TSXV:MYLK)(OTCQB:MYLKF)(FRA:J94) ("Planting Hope" or the "Company"), a dynamic Foodtech innovation company dedicated to creating breakthrough delicious, sustainable food and beverage solutions through cutting-edge ingredient, formulation, and packaging technology, is pleased to announce the appointment of two new board of directors members and a new Chief Financial Officer.Board of Directors - Additions:Scott Carter: Scott Carter brings a deep background and experience across several decades of senior leadership and experience in foodservice and supply chain management, most recently as the Chief
Subhead Disclaimer Placeholder Planting Hope has added two new board members, Jessica Gleeson and Kevin Phelps.These changes add one new board seat, bringing total company director seats to six.CHICAGO, IL and VANCOUVER, BC / ACCESSWIRE / December 15, 2023 / The Planting Hope Company Inc. (TSXV:MYLK)(OTCQB:MYLKF)(FRA:J94) ("Planting Hope" or the "Company"), a dynamic Foodtech innovation company dedicated to creating breakthrough delicious, sustainable food and beverage solutions through cutting-edge ingredient, formulation, and packaging technology, is pleased to report the appointment of two new members of its board of directors, Jessica Gleeson and Kevin Phelps.Jessica Gleeson - FOODSERVIC
Planting Hope has added two new board members, Jessica Gleeson and Kevin Phelps.These changes add one new board seat, bringing total company director seats to six.CHICAGO, IL and VANCOUVER, BC / ACCESSWIRE / December 14, 2023 - The Planting Hope Company Inc. (TSXV:MYLK)(OTCQB:MYLKF)(FRA:J94) ("Planting Hope" or the "Company"), a dynamic Foodtech innovation company dedicated to creating breakthrough delicious, sustainable food and beverage solutions through cutting-edge ingredient, formulation, and packaging technology, is pleased to report the appointment of two new members of its board of directors, Jessica Gleeson and Kevin Phelps.Jessica Gleeson - FOODSERVICE AND CHINA EXPERTISE: Jessica
Year Over Year CAVA Revenue Growth of 39.0% Including CAVA Same Restaurant Sales Growth of 18.1% 11 Net New CAVA Restaurant Openings During Quarter Third Quarter 2024 CAVA Restaurant-Level Profit Margin of 25.6% CAVA Group, Inc. (NYSE:CAVA) ("CAVA Group" or the "Company"), the category-defining Mediterranean fast-casual restaurant brand that brings heart, health, and humanity to food, today announced financial results for its fiscal third quarter ended October 6, 2024. "Our third quarter results demonstrate the strength of our Mediterranean category-defining brand and the broad appeal of our unique value proposition, creating what is quickly becoming the next major cultural cuisine
CAVA Group, Inc. (NYSE:CAVA), the category-defining Mediterranean fast-casual restaurant brand that brings heart, health, and humanity to food, will host a conference call on Tuesday, November 12, 2024 at 5:00 PM Eastern Time to discuss third quarter 2024 financial results and provide a business update. A press release with third quarter financial results will be issued at approximately 4:10 PM Eastern Time on Tuesday, November 12, 2024. The call will be webcast live from the Company's website on the investor relations page at investor.cava.com. A recorded webcast will be available on CAVA's investor relations website shortly after the call and available for up to one year. About CAVA C
Year Over Year CAVA Revenue Growth of 35.2% Including CAVA Same Restaurant Sales Growth of 14.4% 18 Net New CAVA Restaurant Openings During Quarter Second Quarter 2024 CAVA Restaurant-Level Profit Margin of 26.5% CAVA Group, Inc. (NYSE:CAVA) ("CAVA Group" or the "Company"), the category-defining Mediterranean fast-casual restaurant brand that brings heart, health, and humanity to food, today announced financial results for its fiscal second quarter ended July 14, 2024. "Our results in the second quarter continued to demonstrate the strength of our category-defining brand and our unique and compelling value proposition," said Brett Schulman, Co-Founder and CEO. "During the quarter, t