Citigroup reiterated coverage on CAVA Group with a new price target
$CAVA
Restaurants
Consumer Discretionary
Citigroup reiterated coverage of CAVA Group with a rating of Neutral and set a new price target of $115.00 from $93.00 previously
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| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 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 |
| 1/29/2024 | Hold | Argus |
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)
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
Citigroup reiterated coverage of CAVA Group with a rating of Neutral and set a new price target of $115.00 from $93.00 previously
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
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 Thursday, August 22, 2024 at 5:00 PM Eastern Time to discuss second quarter 2024 financial results and provide a business update. A press release with second quarter financial results will be issued at approximately 4:10 PM Eastern Time on Thursday, August 22, 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
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
CAVA Group, Inc. (NYSE:CAVA), the category-defining Mediterranean fast-casual restaurant brand that brings heart, health, and humanity to food, today announced that it will participate in the Piper Sandler Growth Frontiers Conference on Wednesday, September 11, 2024. Brett Schulman, Co-Founder and CEO, and Tricia Tolivar, CFO, will participate in 1x1 meetings and a fireside chat at 9:30 AM EST. The fireside chat and replay of the event will be available on the "Events and Presentations" section of the company's IR website at investor.cava.com. About CAVA Group: CAVA is the category-defining Mediterranean fast-casual restaurant brand, bringing together healthful food and bold, satisfying
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
On CNBC's “Mad Money Lightning Round,” Jim Cramer said Salesforce, Inc. (NYSE:CRM) has been a huge winner and recommended holding the stock. “It does have trouble getting traction,” he added. Salesforce reportedly cut around 300 roles to streamline operations, highlighting the tech industry's ongoing focus on cost control. ADMA Biologics, Inc. (NASDAQ:ADMA) has been a rocket, Cramer said. “If I were you, I would take some off the table.” On May 9, ADMA Biologics reported better-than-expected first-quarter financial results and issued strong FY24 and FY25 revenue guidance. When asked about Ouster, Inc. (NYSE:OUST), he said, “I would actually take some off the table. It's another p
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