Northcoast Research has issued the first bearish rating on Cava Group Inc., suggesting the stock's recent surge is unsustainable. The analyst's price target implies a significant correction from current levels.
- First 'Sell' rating issued for Cava Group on Wall Street
- Northcoast Research sets price target at $63
- Implied downside of over 32% from the $97.39 close
- Shares have surged 120% since late November
- Stock reached its highest level since May 2025
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