Stephens Downgrades Cheesecake Factory (CAKE) to Equal Weight
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February 12, 2015 8:29 AM EST
Jefferies analyst Andy Barish reiterated a Hold on Cheesecake Factory (NASDAQ: CAKE) while lowering estimates and his price target to $45.00 (from $50.00) following the Q4 miss.
Baris commented, "$0.48 EPS missed by 12c as 1.4% SSS (cons 1.9%) failed to offset significant food infl & group medical... More
February 12, 2015 7:01 AM EST
Sterne Agee downgraded Cheesecake Factory (NASDAQ: CAKE) from Buy to Neutral.
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 $53.04 yesterday.
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February 11, 2015 4:19 PM EST
Cheesecake Factory (NASDAQ: CAKE) reported Q4 EPS of $0.48, $0.12 worse than the analyst estimate of $0.60. Revenue for the quarter came in at $499.7 million versus the consensus estimate of $508.97 million.
We continued to achieve a consistent level of sales at our existing Cheesecake Factory restaurants, with the fourth quarter... More
