Wedbush Reiterates Outperform on Cheesecake Factory, Maintains $45 Price Target
Portfolio Pulse from Benzinga Newsdesk
Wedbush analyst Nick Setyan has reiterated an Outperform rating on Cheesecake Factory (NASDAQ:CAKE) and maintained a $45 price target.
May 30, 2024 | 10:53 am
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Wedbush analyst Nick Setyan has reiterated an Outperform rating on Cheesecake Factory (NASDAQ:CAKE) and maintained a $45 price target.
The reiteration of an Outperform rating and the maintenance of a $45 price target by a reputable analyst can positively influence investor sentiment and potentially drive the stock price up in the short term.
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