The Cheesecake Factory Reports Results for Third Quarter of Fiscal 2025

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Cheesecake Factory (CAKE) PT Lowered to $49 at Morgan Stanley

October 29, 2025 5:37 AM EDT

Morgan Stanley analyst John Glass lowered the price target on Cheesecake Factory (NASDAQ: CAKE) to $49.00 (from $50.00) while maintaining a Underweight rating.

The analyst comments "Better on bottom line, lighter on revenue, similar to 2Q, and perhaps about as expected. 4Q view, and... More