-- 独立研究机构CFRA向提供了以下研究报告。CFRA分析师的观点总结如下：我们基于等权重综合估值（2027年企业价值/息税折旧摊销前利润55倍；2027年企业价值/销售额6倍）将12个月目标价上调14美元至105美元。我们将2026年每股收益预期从0.79美元上调至0.80美元，并将2027年每股收益预期从1.27美元下调至1.19美元，这反映出尽管同店销售势头强劲，但息税折旧摊销前利润率的扩张幅度有限。我们维持“持有”评级，因为股价已反映了CAVA巨大的增长潜力。该公司在地中海美食领域的领先地位以及美国市场的巨大空白支撑了较高的营收增长预期，鉴于其强劲的单位经济效益，我们认为这些预期是合理的。然而，考虑到关税和食品成本（尤其是橄榄油和蛋白质）持续上涨带来的不利影响，市场普遍预期的利润率扩张似乎过于乐观。尽管CAVA已展现出定价能力，但我们预计其餐厅层面的利润率提升将比预期更为缓慢。我们认为，股价已反映出其在门店数量增长和利润率提升方面均能完美执行，因此容错空间有限。
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Research Alert: CFRA Keeps Buy Opinion On Shares Of The Hartford Insurance Group, Inc.
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