On Wednesday, CFRA raised its rating on CAVA Group Inc (NYSE:CAVA) from Hold to Buy, significantly increasing the price target to $200 from the previous $125. The adjustment follows CAVA's impressive third-quarter performance, where revenues reached $244 million, marking a 38.9% year-over-year increase and surpassing consensus estimates by $10 million. The company's adjusted EBITDA also exceeded expectations by $4 million, coming in at $33.5 million.