Jefferies Raises Numbers On Cheesecake Factory (CAKE) after Q4 Beat, Keeps Hold

Jefferies raised estimates and its price target on Cheesecake Factory (NASDAQ: CAKE) from $27 to $28 following Q4 EPS of EPS of $0.53 versus the consensus of $0.52.

"Given the beat, our '12 EPS tweaked to $1.84 (fr. $1.82) & PT to $28 (fr. $27), but we could see challenges to mid-teens growth."

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 $31.57 yesterday.

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