Wedbush analyst Nick Setyan raised the firm’s price target on Cheesecake Factory (CAKE) to $52 from $48 and keeps an Outperform rating on the shares. The firm notes the company reported Q3 EPS above ...
The adjustment follows Cheesecake Factory's third-quarter earnings report ... This success was attributed to stronger-than-anticipated comparable store sales and an impressive margin performance.
The Cheesecake Factory doesn’t think its fledgling brands are ready to stand on their own. The restaurant operator pushed back against activist investor JCP Investment Management, which is ...