CAVA (NYSE: CAVA), the category-defining Mediterranean fast-casual restaurant brand, today opened its first restaurant in South Florida to bring a taste of the Mediterranean to the community. The restaurant is located in the Shoppes at Highland at 3645 West 84th Street, Unit 5, Hialeah, FL 33018 and will be open from 10:45 a.m. - 10:00 p.m. CAVA Hialeah is a 2,200-square-foot location with a 40-seat dining room, digital order pick-up and delivery.
CAVA is now proving investors why analysts see double-digit upside in the future of the company, as technical and fundamental factors align for a bull case.
Several restaurant stocks are taking a beating on Thursday as broader markets tumble in reaction to sweeping reciprocal tariffs from the Trump administration.
CAVA Group stock has been punished on EPS miss and lowered forecasts despite a scorching 21.2% YoY comp sales, more than Chipotle and Sweetgreen combined.
BofA Securities analyst Sara Senatore has initiated coverage on CAVA Group with a Buy rating and a price target of $112.00. The analyst highlights CAVA's strong financial model, growth potential, and ability to expand beyond its 1,000-store target, citing opportunities for increased customer spending and operational efficiency.
