Morgan Stanley Downgrades Cheesecake Factory (CAKE) to Underweight

January 17, 2020 4:03 AM EST
Get Alerts CAKE Hot Sheet
Price: $109.51 +2.80%

Rating Summary:
    9 Buy, 27 Hold, 3 Sell

Rating Trend: Down Down

Today's Overall Ratings:
    Up: 8 | Down: 5 | New: 26
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Morgan Stanley analyst John Glass downgraded Cheesecake Factory (NASDAQ: CAKE) from Equalweight to Underweight with a price target of $38.00 (from $44.00).


For an analyst ratings summary and ratings history on Cheesecake Factory click here. For more ratings news on Cheesecake Factory click here.


Shares of Cheesecake Factory closed at $40.52 yesterday.


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