Cheesecake Factory price target raised to $72 from $68 at Oppenheimer

Oppenheimer raised the firm’s price target on Cheesecake Factory (CAKE) to $72 from $68 and keeps an Outperform rating on the shares. The firm notes the stock is up 23% year-to-date, representing best-in-class among full-service dining peers. Oppenheimer’s analysis supports a positive stance, which commenced with its 2025 upgrade. The firm has identified an intriguing setup against consensus in 2026, where same-store sales and EPS forecasts now tilt conservatively, based on its work.