Reported about 10 hours ago
CAVA Group, Inc. (NYSE:CAVA) is highlighted as one of the leading consumer cyclical stocks, with Stifel maintaining a Buy rating but reducing its price target from $175 to $125 due to lowered Q2 sales growth projections of 5.5%. Despite this adjustment, CAVA is expected to maintain strong long-term sales growth, driven by factors such as average unit volume growth and margin expansion. The Mediterranean restaurant chain focuses on adaptable meals and operates both company-owned locations and retail branded items.
Source: YAHOO