Wedbush Downgrades Cheesecake Factory (CAKE) to Neutral

December 2, 2022 6:35 AM EST
Get Alerts CAKE Hot Sheet
Price: $40.33 +4.37%

Rating Summary:
    10 Buy, 20 Hold, 6 Sell

Rating Trend: Down Down

Today's Overall Ratings:
    Up: 14 | Down: 15 | New: 9
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Wedbush analyst Nick Setyan downgraded Cheesecake Factory (NASDAQ: CAKE) from Outperform to Neutral with a price target of $35.00 (from $37.00).

For an analyst ratings summary and ratings history on Cheesecake Factory click here. For more ratings news on Cheesecake Factory click here.

Shares of Cheesecake Factory closed at $34.65 yesterday.

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