Cheesecake Factory (CAKE) Stock Touches All-Time High on Citi’s $90 Target; One Target Still Higher
The Cheesecake Factory Incorporated finished Friday at an all-time high of $82.76, rising 5.5% after Citi, part of Citigroup, bumped its target to $90 from $76 and maintained a Buy call. The stock hit $84.17 earlier in the session, trading nearly 2.29 million shares.