Barclays raised the firm’s price target on Cheesecake Factory to $33 from $32 and keeps an Underweight rating on the shares. The company’s Q4 was in-line on comp, while better than expected on margin and earnings, the analyst tells investors in a research note. Importantly, the comp was strongest in December, and following inclement weather in January, a return to prior levels in February, says the firm.
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