Stephens & Co. Reiterates Overweight on Cheesecake Factory, Maintains $44 Price Target
Portfolio Pulse from Benzinga Newsdesk
Stephens & Co. analyst Jim Salera reiterated an Overweight rating on Cheesecake Factory (NASDAQ:CAKE) and maintained a $44 price target. This reaffirms the firm's positive outlook on the stock.
May 09, 2024 | 10:24 am
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POSITIVE IMPACT
Stephens & Co. reaffirmed an Overweight rating on Cheesecake Factory with a $44 price target, indicating a positive outlook.
The reiteration of an Overweight rating and maintenance of a $44 price target by Stephens & Co. suggests a strong confidence in Cheesecake Factory's future performance. This analyst endorsement could positively influence investor sentiment and potentially drive the stock price up in the short term.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100