02:55 AM EDT, 05/02/2025 (MT Newswires) -- CFRA, an independent research provider, has provided MT Newswires with the following research alert. Analysts at CFRA have summarized their opinion as follows:

We reiterate our 12-month target price of $54, 14x (from 15x) our 2025 EPS estimate and within the shares' 8x-16x three-year trading range. We raise our 2025 EPS estimate to $3.85 from $3.63 and raise our 2026 EPS estimate to $4.18 from $4.06, reflecting slightly lower revenue growth but greater operating margin expansion. CAKE saw notable growth at The Cheesecake Factory ( CAKE ) (+1% Y/Y), North Italia (-1% Y/Y), and Flower Child (+5% Y/Y). Q1 also marks the ninth consecutive quarter of operating margin expansion as the company is realizing labor productivity gains. We also lowered our multiple to reflect higher risk from new debt added to CAKE's balance sheet and a slightly higher net leverage ratio. We feel consensus estimates already account for recent momentum in operating margins, with CAKE shares trading near the top end of their three-year range, and no significant additional catalysts to push shares higher. Therefore, we maintain our Hold rating.