Wells Fargo Maintains Equal-Weight on Cheesecake Factory, Raises Price Target to $38
Portfolio Pulse from Benzinga Newsdesk
Wells Fargo analyst Zachary Fadem maintains an Equal-Weight rating on Cheesecake Factory (NASDAQ:CAKE) and raises the price target from $36 to $38.
August 01, 2024 | 1:16 pm
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Wells Fargo analyst Zachary Fadem maintains an Equal-Weight rating on Cheesecake Factory and raises the price target from $36 to $38.
The raised price target from $36 to $38 by Wells Fargo indicates a positive outlook on Cheesecake Factory's stock, which could lead to a short-term price increase. However, the Equal-Weight rating suggests a neutral stance overall.
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