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Analysts Offer Insights on Consumer Cyclical Companies: DoorDash (DASH), Global-e Online (GLBE) and Cheesecake Factory (CAKE)

Tipranks - Fri Feb 20, 6:12AM CST

Analysts have been eager to weigh in on the Consumer Cyclical sector with new ratings on DoorDash (DASHResearch Report), Global-e Online (GLBEResearch Report) and Cheesecake Factory (CAKEResearch Report).

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DoorDash (DASH)

UBS analyst Stephen Ju maintained a Hold rating on DoorDash today and set a price target of $240.00. The company’s shares closed last Wednesday at $173.38.

According to TipRanks.com, Ju is a 5-star analyst with an average return of 11.4% and a 49.6% success rate. Ju covers the Technology sector, focusing on stocks such as Uber Technologies, Unity Software, and Commerce.com. ;'>

Currently, the analyst consensus on DoorDash is a Strong Buy with an average price target of $269.36, representing a 65.7% upside. In a report released today, Roth MKM also maintained a Hold rating on the stock with a $200.00 price target.

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Global-e Online (GLBE)

In a report released today, Justin Patterson from KeyBanc maintained a Buy rating on Global-e Online. The company’s shares closed last Wednesday at $34.81.

According to TipRanks.com, Patterson is a 4-star analyst with an average return of 7.0% and a 45.1% success rate. Patterson covers the NA sector, focusing on stocks such as IAC/InteractiveCorp., Zillow Group Class A, and Alphabet Class A. ;'>

Currently, the analyst consensus on Global-e Online is a Strong Buy with an average price target of $47.56, implying a 30.4% upside from current levels. In a report issued on February 17, Morgan Stanley also maintained a Buy rating on the stock with a $38.00 price target.

Cheesecake Factory (CAKE)

In a report released today, Jon Tower from Citi maintained a Buy rating on Cheesecake Factory, with a price target of $74.00. The company’s shares closed last Wednesday at $64.07.

According to TipRanks.com, Tower is a 5-star analyst with an average return of 13.0% and a 63.0% success rate. Tower covers the NA sector, focusing on stocks such as Restaurant Brands International, Brinker International, and Darden Restaurants. ;'>

The word on The Street in general, suggests a Hold analyst consensus rating for Cheesecake Factory with a $62.70 average price target, which is a 0.6% upside from current levels. In a report issued on February 12, Mizuho Securities also maintained a Buy rating on the stock with a $70.00 price target.

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