Morgan Stanley Downgrades Cheesecake Factory (CAKE) to Underweight

January 17, 2020 4:03 AM EST
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Price: $43.29 -1.61%

Rating Summary:
    13 Buy, 19 Hold, 4 Sell

Rating Trend: Down Down

Today's Overall Ratings:
    Up: 11 | Down: 8 | New: 46
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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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