Core Insights - CAVA Group, Inc. reported Q3 earnings that fell short of Wall Street expectations for both revenue and earnings [1] - The company is facing challenges due to reduced spending among Gen Z consumers, who represent a significant portion of its customer base [2] Financial Performance - CAVA's stock price declined by 2.67%, trading at $50.32 as of the latest data [3] - Analysts have adjusted their price targets downward, reflecting a more conservative outlook for the company's financial performance [3][4] Analyst Ratings and Price Target Adjustments - T.D. Cowen lowered its price target for CAVA from $80 to $67, citing reduced adjusted EBITDA estimates for 2025 and 2026 [3] - Keybanc reduced its price target from $85 to $65 while maintaining an Overweight rating [4] - Stifel lowered its price target from $100 to $75 but kept a Buy rating [4] - Piper Sandler adjusted its price target from $100 to $71 with an Overweight rating [4] - Bernstein maintained an Outperform rating but lowered the price target from $100 to $80 [4] - Barclays reduced its price target from $64 to $52 while maintaining an Equal-Weight rating [4]