Wedbush Reiterates Outperform on Cheesecake Factory, Maintains $40 Price Target
Portfolio Pulse from Benzinga Newsdesk
Wedbush analyst Nick Setyan reiterates an Outperform rating on Cheesecake Factory (NASDAQ:CAKE) and maintains a $40 price target.
February 22, 2024 | 11:41 am
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Wedbush analyst Nick Setyan reaffirmed an Outperform rating on Cheesecake Factory, with a price target of $40.
The reaffirmation of an Outperform rating and a $40 price target by a reputable analyst suggests a positive outlook on Cheesecake Factory's stock, potentially leading to increased investor confidence and a positive short-term price movement.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100