CAVA Can Outgrow Expectations With Strong Unit Economics And Market Headroom, Analyst Says
1. BofA initiated Buy rating for CAVA, targeting $112.00. 2. CAVA shows strong ROI potential despite recent stock decline. 3. Successful model aligned with Chipotle and Texas Roadhouse's growth strategies. 4. Expect increased sales from advertising and innovative menu offerings. 5. CAVA is expanding ambitions, aiming for 1,000+ U.S. locations.