Mizuho Securities Keeps Their Buy Rating on Cheesecake Factory (CAKE)
Mizuho Securities analyst Nick Setyan maintained a Buy rating on Cheesecake Factory today and set a price target of $70.00.
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Setyan covers the Consumer Cyclical sector, focusing on stocks such as Darden Restaurants, McDonald’s, and Chipotle. According to TipRanks, Setyan has an average return of 10.9% and a 54.19% success rate on recommended stocks.
In addition to Mizuho Securities, Cheesecake Factory also received a Buy from Citi’s Jon Tower in a report issued on February 9. However, on February 4, TipRanks – xAI reiterated a Hold rating on Cheesecake Factory (NASDAQ: CAKE).
Based on Cheesecake Factory’s latest earnings release for the quarter ending September 30, the company reported a quarterly revenue of $907.23 million and a net profit of $31.9 million. In comparison, last year the company earned a revenue of $865.47 million and had a net profit of $29.99 million
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