12:10 PM EDT, 07/30/2025 (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 raise our 12-month price target by $23 to $77, 18x our 2026 EPS estimate (from 14x our 2025 EPS view) and in line with the company's 10-year average forward multiple, reflecting accelerated store count and comp sales growth. We raise our 2025 EPS estimate to $3.87 from $3.85 and lift 2026's to $4.27 from $4.18. Our expanded valuation multiple reflects the company's higher unit growth trajectory, driven by North Italia and Flower Child concepts, contributing to meaningful acceleration in store count growth during Q1 (+130 bps Y/Y) and Q2 (+30 bps Y/Y). Additionally, we raise our 2026 estimates based on operational execution at flagship Cheesecake Factory ( CAKE ) locations, delivering positive comparable sales growth despite industry headwinds while achieving food and labor cost efficiencies. We view CAKE as an underappreciated and steady growth story that combines three compelling investment drivers: accelerating store expansion, steady comp sales, and margin expansion. Thus, we upgrade our rating to Buy.