Stephens & Co. Maintains Overweight on Cheesecake Factory, Raises Price Target to $50
Portfolio Pulse from Benzinga Newsdesk
Stephens & Co. analyst Jim Salera maintains an Overweight rating on Cheesecake Factory (NASDAQ:CAKE) and raises the price target from $44 to $50.
May 15, 2024 | 3:41 pm
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POSITIVE IMPACT
Stephens & Co. analyst Jim Salera maintains an Overweight rating on Cheesecake Factory and raises the price target from $44 to $50.
The raised price target and maintained Overweight rating from a reputable analyst are likely to positively influence investor sentiment and drive short-term price appreciation for CAKE.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100