Baird Maintains Neutral on Cheesecake Factory, Raises Price Target to $40
Portfolio Pulse from Benzinga Newsdesk
Baird analyst David Tarantino maintains a Neutral rating on Cheesecake Factory (NASDAQ:CAKE) and raises the price target from $37 to $40.
August 01, 2024 | 11:50 am
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Baird analyst David Tarantino maintains a Neutral rating on Cheesecake Factory and raises the price target from $37 to $40.
The raised price target from $37 to $40 suggests a positive outlook, which could lead to a short-term increase in stock price. However, the Neutral rating indicates that the analyst does not see significant upside potential beyond the new target.
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