The Cheesecake Factory Reports Results for First Quarter of Fiscal 2024

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Go back to The Cheesecake Factory Reports Results for First Quarter of Fiscal 2024

Cheesecake Factory (CAKE) PT Raised to $38 at Deutsche Bank

May 9, 2024 5:23 AM EDT

Deutsche Bank analyst Lauren Silberman raised the price target on Cheesecake Factory (NASDAQ: CAKE) to $38.00 (from $37.00) while maintaining a Hold rating.

The analyst comments "CAKE reported a strong 1Q with largely in-line SSS of -0.6% and a restaurant margin beat (15% vs DB/consensus... More