Stephens & Co. Reinstates Overweight on Cheesecake Factory, Announces $44 Price Target
Portfolio Pulse from Benzinga Newsdesk
Stephens & Co. analyst Jim Salera reinstates Cheesecake Factory (NASDAQ:CAKE) with an Overweight rating and sets a $44 price target.

April 12, 2024 | 9:44 am
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Cheesecake Factory reinstated with an Overweight rating and a $44 price target by Stephens & Co. analyst Jim Salera.
The reinstatement of Cheesecake Factory with an Overweight rating and a specific $44 price target by a reputable analyst suggests a positive outlook on the stock's performance. This endorsement is likely to instill confidence among investors, potentially driving up the stock price in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100