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Cheesecake Factory Inc (NASDAQ:CAKE) price target raised to $60.00 by Bank of America

Analyst Ratings For Cheesecake Factory Inc (NASDAQ:CAKE)

Today, Bank of America raised its price target on Cheesecake Factory Inc (NASDAQ:CAKE) to $60.00 per share.

There are 15 Hold Ratings, 1 Buy Ratings, no Strong Buy Ratings, no Sell Ratings on the stock.

The current consensus rating on Cheesecake Factory Inc (NASDAQ:CAKE) is Hold with a consensus target price of $50.90 per share, a potential 12.39% downside.

Some recent analyst ratings include


About Cheesecake Factory Inc (NASDAQ:CAKE)
The Cheesecake Factory Incorporated operates restaurants in the United States. The company produces cheesecakes and other baked products for own restaurants and international licensees, as well as external foodservice operators, retailers, and distributors. As of February 28, 2018, it operated 214 company-owned restaurants, including 199 restaurants under The Cheesecake Factory brand; 13 restaurants under the Grand Lux Cafe brand; and 2 restaurants under the RockSugar Southeast Asian Kitchen brand, as well as 20 The Cheesecake Factory branded restaurants under licensing agreements internationally. The company was founded in 1972 and is headquartered in Calabasas, California.

Recent Trading Activity for Cheesecake Factory Inc (NASDAQ:CAKE)
Shares of Cheesecake Factory Inc closed the previous trading session at 58.15 −1.38 2.32% with 614655 shares trading hands.

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