🟢 CAVA Group is trading 4% up today amid a same-day Melius Research upgrade

CAVA Group is trading at $54.16, up +4.02%, amid a same-day Melius Research upgrade that may help explain the gain.

• On October 8, Melius Research upgraded CAVA Group to Buy from Hold and raised its price target to $95 from $90.
• The firm cited unit economics and national expansion potential; available sources do not confirm the upgrade as the direct cause.
• Broader markets were mixed-to-lower and do not clearly explain the positive move.