Is Cava Stock a Buy Today? Wall Street Has Its Doubts
Cava Group (NYSE: CAVA) has been a hot stock since its initial public offering (IPO) last year. It burst onto the scene with a fresh restaurant concept that's been catching on across the country, and investors are hoping it becomes the next big restaurant chain.
While investors can't seem to get enough of Cava stock, Wall Street has taken a more cautious view of the company. Is it still a buy?
Cava is one of several hot stocks in the fast-casual restaurant category. Pioneered by Chipotle Mexican Grill, fast-casual chains offer a step-up in ambiance and quality from fast-food. Other popular names include Sweetgreen and Shake Shack.
Source Fool.com
Chipotle Mexican Grill Inc. Stock
€49.24
0.570%
The stock is one of the favorites of our community with 64 Buy predictions and 1 Sell predictions.
With a target price of 2555 € there is potential for a 5089.4% increase which would mean more than doubling the current price of 49.24 € for Chipotle Mexican Grill Inc..
