Barclays Maintains Underweight on Cheesecake Factory, Raises Price Target to $38
Portfolio Pulse from Benzinga Newsdesk
Barclays analyst Jeffrey Bernstein maintains an Underweight rating on Cheesecake Factory (NASDAQ:CAKE) but raises the price target from $35 to $38.
October 22, 2024 | 4:35 pm
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Barclays analyst Jeffrey Bernstein maintains an Underweight rating on Cheesecake Factory but raises the price target from $35 to $38, indicating a slightly more positive outlook.
The Underweight rating suggests a cautious stance, but the raised price target indicates a slightly improved outlook. This mixed signal may result in a neutral short-term impact on CAKE's stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100