Is Cheesecake Factory a good stock to buy?

According to analysts' consensus price target of $36.25, Cheesecake Factory has a forecasted upside of 25.3% from its current price of $28.93. Cheesecake Factory has been the subject of 5 research reports in the past 90 days, demonstrating strong analyst interest in this stock. The Cheesecake Factory Incorporated engages in restaurant business.

Who owns Cheesecake Factory Inc?

The company was founded by David M. Overton, Oscar Overton and Evelyn Overton in 1972 and is headquartered in Calabasas Hills, CA. CAKE | Complete Cheesecake Factory Inc. stock news by MarketWatch. View real-time stock prices and stock quotes for a full financial overview.

Why did The Cheesecake Factory Stock fall in early trading?

The Cheesecake Factory ( NASDAQ: CAKE) fell in early trading on Monday after Goldman Sachs downgraded the restaurant stock to a Sell rating from Neutral on fears traffic declines could worsen due to the economy.