Cava Group Soars: Analyst Sees Upside for Fast-Casual Mediterranean Chain

Cava Group, the fast-casual Mediterranean restaurant chain, is seeing strong growth in revenue and unit expansion, leading Wedbush analyst Nick Setyan to reiterate his bullish stance. Setyan believes Cava’s stock, currently trading at all-time highs, has more room to run due to its positive trajectory and potential for continued success. He highlights the company’s robust same-store sales, aggressive store opening plans, and strong brand appeal as key drivers for future growth.

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