Wedbush Maintains Neutral on Cheesecake Factory, Raises Price Target to $38.5
Portfolio Pulse from richadhand@benzinga.com
Wedbush analyst Nick Setyan maintains a Neutral rating on Cheesecake Factory (NASDAQ:CAKE) and raises the price target from $36 to $38.5.
August 04, 2023 | 12:51 pm
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NEUTRAL IMPACT
Wedbush analyst maintains a Neutral rating on Cheesecake Factory and raises the price target to $38.5.
The news is directly about Cheesecake Factory. The raised price target indicates a positive outlook, but the neutral rating suggests that the stock is not expected to outperform the market in the short term. Therefore, the short term impact on the stock price is likely to be neutral.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100