Barclays analyst Jeffrey Bernstein raised the firm’s price target on Cheesecake Factory (CAKE) to $44 from $38 and keeps an Underweight rating on the shares. The company’s Q3 report is “impressive, beating top to bottom,” the analyst tells investors in a research note.
Invest with Confidence:
- Follow TipRanks' Top Wall Street Analysts to uncover their success rate and average return.
- Join thousands of data-driven investors – Build your Smart Portfolio for personalized insights.