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Kiplinger
Kiplinger
Business
Joey Solitro

Cava Stock: Analysts Rush to Raise Price Targets After Earnings

Yellow Cava to-go bags sitting on blue table outside of restaurant in Brooklyn, New York.

Cava Group (CAVA) stock jumped more than 16% out of the gate Wednesday after the fast-casual Mediterranean restaurant chain beat top- and bottom-line expectations for its third quarter and raised its full-year outlook.

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