Cheesecake Factory (CAKE) Tops Q3 EPS by 3c
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UBS Remains Neutral as Cheesecake Factory (CAKE) Looks For a Positive 2016
October 27, 2015 11:57 AM EDTUBS maintained a Neutral rating on Cheesecake Factory (NASDAQ: CAKE), and cut the price target to $52.00 (from $55.00), following the company's 3Q15 earnings results. EPS was reported at $0.59, 0.03 above consensus estimates.... More
Jefferies Cuts Price Target on Cheesecake Factory (CAKE) Following Decent 3Q and Labor Pressure Concerns
October 27, 2015 8:22 AM EDTJefferies maintained a Hold rating on Cheesecake Factory (NASDAQ: CAKE), and cut the price target to $52.00 (from $53.00), following the company's 3Q15 earnings results. Although SSS were essentially in line with 2.7% check average growth and -0.5% traffic, overall revenues missed expectations as the company is predominantly building... More
BTIG Upgrades Cheesecake Factory (CAKE) to Buy
October 27, 2015 6:37 AM EDTBTIG upgraded Cheesecake Factory (NASDAQ: CAKE) from Neutral to Buy with a price target of $60. The change follows Q3 results. Analyst Peter Saleh noted consistent sales, and he believes guidance for 2016 is conservative.
"We recognize the pressure from labor inflation and tough... More
