Stephens Downgrades Cheesecake Factory (CAKE) to Equal Weight
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Cheesecake Factory (CAKE) PT, Estimates Cut at Jefferies After Q4 'Miss'
February 12, 2015 8:29 AM ESTJefferies 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
Sterne Agee Downgrades Cheesecake Factory (CAKE) to Neutral
February 12, 2015 7:01 AM ESTSterne 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.
... MoreCheesecake Factory (CAKE) Misses Q4 EPS by 12c
February 11, 2015 4:19 PM ESTCheesecake 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
