[…] The Cheesecake Factory is a public company owned by its shareholders. It is subject to Wall Street rules and regulations. In Dec 2022, Goldman Sachs analysts lowered their price target on Cheesecake Factory’s stock to $29, or about 10% below trading levels. Most companies stabilize their shares through repurchase programs. In Q4 2023, the restaurant repurchased around 318,400 shares of its stock for $9.8 million. [10] […]