Wells Fargo Maintains Equal-Weight on Cheesecake Factory, Raises Price Target to $36
Portfolio Pulse from Benzinga Newsdesk
Wells Fargo analyst Zachary Fadem has maintained an Equal-Weight rating on Cheesecake Factory (NASDAQ:CAKE) and increased the price target from $35 to $36.
May 09, 2024 | 3:53 pm
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Wells Fargo analyst Zachary Fadem maintains an Equal-Weight rating on Cheesecake Factory and raises the price target to $36.
The increase in price target by Wells Fargo suggests a positive outlook on Cheesecake Factory's stock, potentially leading to short-term investor optimism and a positive impact on the stock price.
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