JPMorgan Upgrades Cheesecake Factory (CAKE) to Neutral; Target Raised to $29
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Price: $40.72 -0.22%
Rating Summary:
7 Buy, 10 Hold, 0 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 13 | Down: 25 | New: 24
Rating Summary:
7 Buy, 10 Hold, 0 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 13 | Down: 25 | New: 24
Trade CAKE Now!
An analyst at JPMorgan upgraded shares of Cheesecake Factory (Nasdaq: CAKE) from Underweight to Neutral earlier. The firm also boosted its price target on the stock very modestly from $28 to $29.
Based on yesterday's closing price of $27.07, JPMorgan's new price target implies potential upside of about 7%.
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Based on yesterday's closing price of $27.07, JPMorgan's new price target implies potential upside of about 7%.
Check out our Ratings Central portal to get the most comprehensive and up-to-date analyst coverage on the Street.
Join StreetInsider.com FREE and get immediately alerted when news breaks on your stocks and other market items - JOIN NOW
*NEW - Download StreetInsider's FREE iPhone and iPad App - Click Here
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