Cheesecake Factory price target raised to $30 from $28 at Barclays

Barclays raised the firm’s price target on Cheesecake Factory to $30 from $28 and keeps an Underweight rating on the shares. The analyst notes the company’s Q4 comp, margin and earnings were below estimates. With that said, the Q1 to-date comp off to a strong start, similar to the industry, with no sign of consumer slowdown, the analyst tells investors in a research note.