Name: Chart of the Day: CAVA Upgrade
Uploaded: 2025-04-23T13:19:46.308-05:00
Duration: 4 min 5 s
Description: Bernstein upgraded Cava Group (CAVA) to outperform with a price target of $115. In terms of the technical perspective for the fast-casual food chain, Kevin Horner sees a "floor" at $74 and believes a $20 upside range from there is one investors should watch. If shares could take out $94, it would also surpass the 50-day SMA which Kevin says could be appealing for traders.

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Bernstein upgraded Cava Group (CAVA) to outperform with a price target of $115. In terms of the technical perspective for the fast-casual food chain, Kevin Horner sees a "floor" at $74 and believes a $20 upside range from there is one investors should watch. If shares could take out $94, it would also surpass the 50-day SMA which Kevin says could be appealing for traders.

Chart of the Day: CAVA Upgrade

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