Table content
**JPMorgan Chase Recommends Procuring CAVA Equity Following Current Plunge; Equity Soars**
*Disseminated: March 20, 2025, 4:19 PM ET*
**Principal Aspects:**
* Equity of CAVA Group escalated almost 5% Thursday after JPMorgan Chase assessors boosted their evaluation on the Mediterranean rapid-informal sequence.
* The assessors are articulating that the current decline in CAVA’s equity value is a procurement prospect, foreseeing augmentation as the firm broadens its locations.
* Indeed, with Thursday’s escalations, CAVA’s equity is nevertheless reduced more than 40% from its unsurpassed summit in December.
CAVA Group (CAVA) witnessed its equity value escalate on Thursday subsequent to an enhancement from JPMorgan Chase, who trust in the firm’s augmentation aptitude via store proliferation.
The equity finalized up almost 5% at $84.66. Nevertheless, it’s worthwhile observing that indeed with this enhancement, the equity is nevertheless considerably beneath its December summit of $150.88, having forfeited over 40% of its worth since then.
JPMorgan Chase assessors are counseling financiers to capitalize on the equity’s current frailty. They enhanced their evaluation from “Neutral” to “Overweight” and established a Canary Capital Requests ETF, PENGU Value Increases objective of $110, naming it a “procure-now-and-retain-forever equity.”
The assessors trust CAVA possesses ample expanse to augment beyond its current 367 locations, potentially surpassing the firm’s preliminary objective of 1,000 stores by 2032, which they articulated during their IPO.
The consensus value objective among assessors tracked by Visible Alpha is marginally greater than JPMorgan Chase’s, around $126, implying considerable upside aptitude from Thursday’s tiers, but nevertheless well beneath the equity’s December high.
*Investopedia necessitates scribes to sustain their labor with primary origins. These encompass white papers, government data, original reporting, and interviews with industry specialists. We also reference original research from other reputable publishers where appropriate.*
Within our editorial guidelines, you’ll discover additional details concerning the benchmarks we uphold to produce dependable and unbiased material.
1. JPMorgan Chase. “Food Service and Dining Distribution: Post-Las Vegas Forum/Pre-Spring Break Coverage Cleanup.”
