Raymond James analyst Brian Vaccaro raised the firm’s price target on Cheesecake Factory (CAKE) to $60 from $56 and keeps an Outperform rating on the shares. Despite weather headwinds, Cheesecake Factory reported a “solid” Q4 beat as well as “resilient” quarter-to-date sales trends, the analyst tells investors in a research note.
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Read More on CAKE:
- Cheesecake Factory price target raised to $59 from $56 at BofA
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- Cheesecake Factory price target raised to $57 from $52 at Baird
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