Citigroup Maintains Neutral on Cheesecake Factory, Raises Price Target to $37
Portfolio Pulse from Benzinga Newsdesk
Citigroup analyst Jon Tower maintains a Neutral rating on Cheesecake Factory (NASDAQ:CAKE) and raises the price target from $36 to $37.
July 24, 2023 | 2:22 pm
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NEUTRAL IMPACT
Citigroup maintains a Neutral rating on Cheesecake Factory and raises the price target from $36 to $37.
The news directly pertains to Cheesecake Factory (CAKE) as Citigroup maintains a Neutral rating on the company and raises the price target. This suggests that Citigroup sees potential in the company but is not overly bullish. This could have a neutral impact on the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100