Piper Sandler analyst Brian Mullan raised the firm’s price target on Cheesecake Factory to $37 from $33 and keeps a Neutral rating on the shares following quarterly results. All things considered, the firm believes Q4 results were just fine for Cheesecake Factory, and the debate from here is really about traffic.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
See today’s best-performing stocks on TipRanks >>
Read More on CAKE:
- Cheesecake Factory Announces Dividend, Updates Investor Presentation
- Cheesecake Factory (NASDAQ:CAKE): Investors Looking for a Slice of Sweet Earnings
- CAKE Earnings this Week: How Will it Perform?
- Cheesecake Factory price target raised to $37 from $34 at Citi
- Cheesecake Factory price target raised to $37 from $33 at BofA
