Baird raised the firm’s price target on Cheesecake Factory (CAKE) to $49 from $46 and keeps a Neutral rating on the shares. The firm updated its model following solid Q1 results as its profit guidance was largely held while noting risks remain.
Claim 55% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on CAKE:
- Cheesecake Factory price target raised to $50 from $45 at Wells Fargo
- Cheesecake Factory price target lowered to $45 from $46 at Barclays
- The Cheesecake Factory’s Strong Start to Fiscal 2025
- Positive Outlook and Buy Rating for The Cheesecake Factory Amid Strong Q1 Performance
- Closing Bell Movers: Microsoft and Meta rally after earnings