Argus Lowers CAVA Group (CAVA) PT to $76 Despite Strong Q2 Revenue Growth

CAVA Group Inc. (NYSE:CAVA) is one of the best IPO stocks to buy and hold for 3 years. On September 2, Argus lowered the firm’s price target on CAVA Group to $76 from $110, while keeping a Buy rating on the shares. The company lowered its same-store sales growth estimates for the full-year 2025, which Argus agrees with. Earlier in August, CAVA Group highlighted strong financial growth in Q2 2025, with revenue increasing by 20.3% year-over-year to $278.2 million. The company’s adjusted EBITDA grew by 22.6% ...