Cheesecake Factory (CAKE) Tops Q2 EPS by 7c

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Cheesecake Factory (CAKE) PT Raised to $62 at Piper Jaffray

July 23, 2015 1:02 PM EDT

Earlier, Piper Jaffray analyst Nicole Miller Regan reiterated an Overweight rating and boosted her price target on Cheesecake Factory (NASDAQ: CAKE) to $62.00 (from $55.00) following solid Q2 results.

Regan commented, "The Cheesecake Factory delivered operating earnings results of $0.69 per share, which was above our... More