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TD Cowen Boosts CAVA Group Price Target to $100
Analysts raise price target on fast-casual Mediterranean restaurant chain
Apr. 2, 2026 at 12:38pm
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Research firm TD Cowen increased its price target on shares of CAVA Group (NYSE:CAVA) from $90 to $100, maintaining a 'buy' rating on the stock. The new target price represents a potential upside of 24.4% from the company's current trading price.
Why it matters
CAVA Group has been aggressively expanding its network of fast-casual Mediterranean restaurants, fueling strong investor interest and stock performance. The increased price target from a major research firm signals continued confidence in the company's growth prospects.
The details
TD Cowen cited CAVA's solid financial performance and expansion plans as reasons for the price target increase. The firm noted that CAVA has been successfully executing on its strategy to bring its customizable bowl, pita and salad concept to new markets across the country.
- TD Cowen issued the updated price target and rating on April 2, 2026.
The players
CAVA Group
A leading fast-casual restaurant chain specializing in Mediterranean-inspired cuisine, operating under the CAVA brand.
TD Cowen
A major research and investment banking firm that covers CAVA Group and other restaurant and retail stocks.
What’s next
Investors will be closely watching CAVA Group's upcoming quarterly financial results and any further updates on the company's expansion plans in the coming months.
The takeaway
The increased price target from a respected research firm underscores Wall Street's confidence in CAVA Group's ability to capitalize on the growing consumer demand for healthy, customizable fast-casual dining options.
