HomeInvestingEarningsSBUX, CAKE: Restaurant Sales Have Held Up So Far
SBUX, CAKE: Restaurant Sales Have Held Up So Far

Restaurant sales have held up so far, but operators need to take pricing surgically as consumer heath deteriorates, says Sean Dunlop. He and Nick Setyan discuss the effects of inflation on the restaurant sector. Nick notes of Wedbush's rating for restaurants. He notes that Starbucks (SBUX) has a $96 price target, with a neutral rating, and The Cheesecake Factory (CAKE) has a $35 price target, and a neutral rating. Tune in to find out more about the restaurant sector and the stock market today.

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05 Dec 2022

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