B of A Securities Maintains Neutral on Cheesecake Factory, Raises Price Target to $49
Portfolio Pulse from Benzinga Newsdesk
B of A Securities has maintained a Neutral rating on Cheesecake Factory (NASDAQ:CAKE) while raising the price target from $47 to $49.
October 30, 2024 | 5:58 pm
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B of A Securities has maintained a Neutral rating on Cheesecake Factory and increased the price target from $47 to $49, indicating a slightly positive outlook.
The increase in price target from $47 to $49 suggests a slightly positive outlook for Cheesecake Factory, although the Neutral rating indicates no strong buy or sell recommendation. This could lead to a modest positive impact on the stock price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100