tradingkey.logo
tradingkey.logo
Search

Cava rises after J.P. Morgan upgrades to 'overweight'

ReutersMar 20, 2025 6:01 PM
facebooktwitterlinkedin

Fast-casual restaurant Cava's CAVA.N shares up 4.9% at $84.99

Brokerage J.P. Morgan upgrades stock to "overweight" from "neutral"

Recommends taking advantage of pullback and views the stock as a "buy now and own for the long-term"

Says technology update could be a significant opportunity for Cava to improve customer experience

Adds that co has considerable near-term operational and brand initiatives to drive both sales and profits

Nine of 17 brokerages rate the stock "buy" or higher and eight "hold"; their median PT is $120

CAVA stock has fallen about 24.8% YTD, including session's moves

Disclaimer: The information provided on this website is for educational and informational purposes only and should not be considered financial or investment advice.

Recommended Articles

Tradingkey
KeyAI