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.
July 19, 2024 | 2:26 pm
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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 boost investor confidence in the stock, likely leading to a positive short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100