UBS Lifts Cheesecake Factory Price Target as Margins Improve, Keeps Sell Rating
UBS increased its 12-month price target for The Cheesecake Factory (CAKE) to $53 from $50 while retaining a Sell recommendation. The move follows fourth-quarter margin gains and encouraging early 2026 trends, even as comparable-restaurant sales lagged. UBS described the company's 2026 revenue and margin guidance as achievable and suggested first-qu…