Cheesecake Factory (CAKE) Tops Q1 EPS by 8c, Comps Beat
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Cheesecake Factory (CAKE) PT, Estimates Raised at Jefferies Post Q1
April 23, 2015 8:23 AM EDTJefferies analyst Andy Barish raised estimates and his price target on Cheesecake Factory (NASDAQ: CAKE) to $51.00 (from $45.00) following solid Q1 EPS and SSS but maintained a Neutral rating.
Barish commented, "$0.56 EPS & 4.2% SSS beat consensus of $0.49 & 3.2%, as commodities were modestly better and 1Q SSS benefited... More
