Cava (CAVA) Upgraded to Strong Buy: Here's What You Should Know

Empirical research shows a strong correlation between trends in earnings estimate revisions and near-term stock movements, so it could be truly rewarding if such revisions are tracked for making an investment decision. Here is where the tried-and-tested Zacks Rank stock-rating system plays an important role, as it effectively harnesses the power of earnings estimate revisions. Therefore, the Zacks rating upgrade for Cava basically reflects positivity about its earnings outlook that could translate into buyi ...