On Tuesday, CAVA Group Inc. (NYSE:CAVA) reported that first-quarter revenue increased 30.3% year over year to $256.3 million, beating the consensus estimate of $245.94 million. The Mediterranean fast-casual restaurant chain company reported quarterly earnings of $0.12, which beat analyst estimates of $0.05. Wedbush maintains Cava Group with an Outperform rating and raised the price target from $74 to $90. Related: Cava Group In The Sweet Spot? CEO Sees Consumers Trading Down ...