Analyst: Cava Stock Has Even More Upside

CAVA Group Inc (NYSE:CAVA), a recent addition to Wall Street, was last seen 4.1% higher to trade at $42.77 after a bull note. Wedbush upgraded the Mediterranean restaurant chain to "outperform" from "neutral," predicting another quarter of upside, as well as the company's position to beat headwinds blowing in from lower grocery inflation.Last week, TD Cowen initiated coverage on CAVA with an "outperform" rating and a $46 price target. And while the majority of analysts are bullish on the restaurant stock, f ...