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Cheesecake Factory (CAKE) Gets a Buy from Mizuho Securities

Tipranks - Sat Jan 10, 6:08AM CST

Mizuho Securities analyst maintained a Buy rating on Cheesecake Factory yesterday and set a price target of $56.99. The company’s shares closed yesterday at $56.99.

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Cheesecake Factory has an analyst consensus of Hold, with a price target consensus of $58.71.

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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