Cava Group, based in Washington, D.C., operates approximately 309 fast-casual CAVA restaurants serving Mediterranean cuisine and went public on June 15, 2023. The menu caters to various dietary preferences and offers customizable options.
CAVA has been in the news recently: Cava Group has attracted significant attention from financial giants, with 21 unusual options trades suggesting a bullish outlook and KeyBanc analyst Christopher Carril assigning an overweight rating with a $100 price target. This indicates a potential 21.5% upside for the company's stock price.
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