Cheesecake Factory (CAKE) PT Raised to $36 at Morgan Stanley

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Cheesecake Factory (CAKE) PT Raised to $60 at Argus, Expects Covid-19 to Boost Same Store Sales 2021

February 22, 2021 2:40 PM EST

Argus analyst Kristina Ruggeri raised the price target on Cheesecake Factory (NASDAQ: CAKE) to $60.00 (from $44.00) while maintaining a Buy rating.

The analyst comments "We are maintaining our BUY rating on Cheesecake Factory Inc. (NGS: CAKE). CAKE's results had been improving sequentially through third-quarter, as COVID-19 restrictions were... More