Wells Fargo Reaffirms Their Hold Rating on Cheesecake Factory (CAKE)
In a report released today, Zachary Fadem from Wells Fargo maintained a Hold rating on Cheesecake Factory, with a price target of $55.00.
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According to TipRanks, Fadem is a 5-star analyst with an average return of 8.7% and a 59.72% success rate. Fadem covers the Consumer Cyclical sector, focusing on stocks such as Starbucks, Home Depot, and Domino’s Pizza.
In addition to Wells Fargo, Cheesecake Factory also received a Hold from TR | OpenAI – 4o’s Ella Servetta in a report issued on December 9. However, on December 15, Jefferies maintained a Buy 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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- Freedom Capital starts Cheesecake Factory at Hold on macro headwinds
- Cheesecake Factory initiated with a Hold at Freedom Capital
- Cheesecake Factory price target lowered to $52 from $57 at JPMorgan
- Cheesecake Factory Navigates Challenges in Earnings Call
- Cheesecake Factory price target lowered to $65 from $70 at Mizuho
