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.
October 22, 2024 | 10:21 am
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Stephens & Co. analyst Jim Salera has reiterated an Overweight rating on Cheesecake Factory and maintained a $50 price target, indicating confidence in the company's stock performance.
The reiteration of an Overweight rating and a $50 price target by a reputable analyst suggests a positive outlook for Cheesecake Factory's stock, likely boosting investor confidence and potentially driving the stock price up in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100