B of A Securities Maintains Neutral on Cheesecake Factory, Raises Price Target to $43
Portfolio Pulse from Benzinga Newsdesk
B of A Securities analyst Katherine Griffin maintains a Neutral rating on Cheesecake Factory (NASDAQ:CAKE) and raises the price target from $39 to $43.
May 15, 2024 | 5:43 pm
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B of A Securities has maintained a Neutral rating on Cheesecake Factory while raising the price target from $39 to $43.
The raised price target from $39 to $43 suggests a positive outlook on Cheesecake Factory's stock, which could lead to a short-term price increase. However, the Neutral rating indicates that the stock may not outperform the market significantly.
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