Credit Suisse analyst Lauren Silberman raised the firm’s price target on Cheesecake Factory to $42 from $37 and keeps a Neutral rating on the shares. The firm notes the company’s Q4 print missed top and bottom-line expectations, though Q1-to-date strength is a bright spot.
Published first on TheFly
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Read More on CAKE:
- Cheesecake Factory price target raised to $39 from $33 at Baird
- Cheesecake Factory price target raised to $30 from $28 at Barclays
- Cheesecake Factory sees Q1 revenue $850M-$880M, consensus $862.8M
- Cheesecake Factory sees FY23 revenue $3.5B-$3.6B, consensus $3.52B
- Cheesecake Factory reports Q4 adjusted EPS 56c, consensus 57c
