Citigroup Maintains Neutral on Cheesecake Factory, Lowers Price Target to $33
Portfolio Pulse from Benzinga Newsdesk
Citigroup analyst Jon Tower has maintained a Neutral rating on Cheesecake Factory (NASDAQ:CAKE) and lowered the price target from $39 to $33.
October 18, 2023 | 4:07 pm
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Citigroup has maintained a Neutral rating on Cheesecake Factory and lowered the price target from $39 to $33.
The lowering of the price target by Citigroup indicates a potential decrease in the stock's value. This could lead to a negative short-term impact on the stock's price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100