Royal Bank Of Canada Lifts CAVA Group Price Target to $95.00
CAVA Group's price target has been raised to $95.00 by Royal Bank Of Canada, representing a potential upside of 56.10% from its current price.
The firm currently holds an 'outperform' rating on the stock and this new price target is in line with other analysts who have given CAVA Group high ratings.
In addition to this, CAVA has recently reported strong quarterly earnings results, beating analyst estimates of $0.18 per share with a figure of $0.19.