Cheesecake Factory (CAKE) Enters Oversold Territory

Zacks

The Cheesecake Factory Incorporated ’s (CAKE) share price has entered into oversold territory with an RSI value of 29.9. The Zacks Consensus Estimate for Cheesecake Factory for the full year period has remained flat over the past two months at $2.11 per share. Currently, Cheesecake Factory has a Zacks Rank #2 (Buy), suggesting that now might be a good time to get in on (CAKE) after its recent drop.



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