Wedbush Maintains Outperform on Cheesecake Factory, Raises Price Target to $52
Portfolio Pulse from Benzinga Newsdesk
Wedbush analyst Nick Setyan maintains an Outperform rating on Cheesecake Factory (NASDAQ:CAKE) and raises the price target from $48 to $52.
October 30, 2024 | 11:16 am
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Wedbush analyst Nick Setyan has maintained an Outperform rating on Cheesecake Factory and increased the price target from $48 to $52, indicating a positive outlook.
The increase in the price target from $48 to $52 by Wedbush suggests a positive outlook for Cheesecake Factory, likely leading to a short-term increase in stock price. The Outperform rating indicates confidence in the company's performance.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100