Barclays raised the firm’s price target on Cheesecake Factory (CAKE) to $58 from $51 and keeps an Underweight rating on the shares. The firm updated the company’s model post the Q4 report.
Meet Samuel – Your Personal Investing Prophet
- Start a conversation with TipRanks’ trusted, data-backed investment intelligence
- Ask Samuel about stocks, your portfolio, or the market and get instant, personalized insights in seconds
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on CAKE:
- Balanced Risk/Reward Drives Hold Rating on Cheesecake Factory Amid Premium Valuation and Mixed Traffic Trends
- Cheesecake Factory: Resilient Fundamentals and Margin Strength Underpin Buy Rating Despite Transitory Comp Softness
- Closing Bell Movers: Carvana sinks 16%, DoorDash jumps 13% after results
- Cheesecake Factory says strategy is working on menu innovation
- Cheesecake Factory Boosts Dividend and Buyback Authorization