Baird raised the firm’s price target on Cheesecake Factory (CAKE) to $64 from $56 and keeps a Neutral rating on the shares. The firm updated its model following Q2 results where it raised estimates and the company provided a reassuring update.
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Read More on CAKE:
- Cheesecake Factory price target raised to $62 from $57 at Barclays
- Strong Q2 Performance and Strategic Growth Drive Buy Rating for The Cheesecake Factory
- The Cheesecake Factory Reports Strong Q2 2025 Results
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- Cheesecake Factory sees Q3 revenue $905M-$915M, consensus $914.53M