Stephens & Co. Reiterates Overweight on Cheesecake Factory, Maintains $50 Price Target
Portfolio Pulse from Benzinga Newsdesk
Stephens & Co. analyst Jim Salera has reiterated an Overweight rating on Cheesecake Factory (NASDAQ:CAKE) and maintained a $50 price target.
August 01, 2024 | 12:15 pm
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Stephens & Co. analyst Jim Salera has reiterated an Overweight rating on Cheesecake Factory (NASDAQ:CAKE) and maintained a $50 price target.
The reiteration of an Overweight rating and a maintained price target of $50 by a reputable analyst can boost investor confidence in Cheesecake Factory, potentially leading to a short-term increase in its stock price.
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