Citi raised the firm’s price target on Cheesecake Factory (CAKE) to $74 from $72 and keeps a Buy rating on the shares. The firm says the company “weathered through” Q4 challenging environment in Q4. It believes the company’s fiscal 2026 outlook could prove conservative.
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Read More on CAKE:
- Cheesecake Factory price target raised to $60 from $55 at Wells Fargo
- Cheesecake Factory downgraded to Equal Weight from Overweight at Stephens
- Cheesecake Factory price target raised to $58 from $51 at Barclays
- 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
