Stephens lowered the firm’s price target on Cheesecake Factory (CAKE) to $64 from $70 and keeps an Overweight rating on the shares after Q3 results came in below expectations on the top-line, but better on the bottom-line. While the near-term is challenged, the firm believes resilient trends and four-wall margins leave Cheesecake “relatively well-positioned,” the analyst tells investors in a post-earnings note.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on CAKE:
- Cautious Outlook: Sell Rating on Cheesecake Factory Amid Macroeconomic Challenges and Overvaluation
- Cheesecake Factory price target lowered to $48 from $50 at Barclays
- Resilient Core Operations Support Buy Rating for The Cheesecake Factory Amid Industry Challenges
- The Cheesecake Factory’s Steady Growth in Q3 2025
- Closing Bell Movers: Bloom Energy, Teradyne both up 20% on earnings