Critical Insights From Cheesecake Factory Analyst Ratings: What You Need To Know
Portfolio Pulse from Benzinga Insights
Cheesecake Factory (NASDAQ:CAKE) has been analyzed by 13 analysts over the past three months, showing a range of ratings from bullish to bearish. The average 12-month price target has increased to $41.85 from $38.83. Analysts have recently adjusted their ratings and price targets, reflecting their updated views on the company's performance. Cheesecake Factory has shown positive revenue growth and strong financial metrics, but carries a high debt-to-equity ratio.
July 19, 2024 | 4:01 pm
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Cheesecake Factory (NASDAQ:CAKE) has received a range of analyst ratings, with an average 12-month price target increase to $41.85. Analysts have adjusted their ratings and price targets, reflecting updated views on the company's performance. The company has shown positive revenue growth and strong financial metrics, but carries a high debt-to-equity ratio.
The increase in the average price target and the positive adjustments in ratings by several analysts suggest a bullish sentiment in the short term. However, the high debt-to-equity ratio could pose a risk, tempering the overall positive outlook.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100