Cava Group: Mediterranean restaurant chain reaches $1 billion in revenue – TD Cowen sees 30% price potential!
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The Cava Group (CAVA) is often referred to as the Chipotle Mexican Grill (CMG) of Mediterranean cuisine, as a fast-casual restaurant chain. The restaurants and delivery services offer various bowls, salads, and pitas that can be customized, appealing to a wide cultural diversity and various age groups. After a record revenue in 2025 with over $1 billion for the first time, a significant trend reversal could now be initiated. Analysts at TD Cowen raised the price target from $85 to $90 (Buy) pre-market due to better-than-expected developments and...
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