Tech recovery sends Wall St. to records with Fed next
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June 14, 2017 9:13 AM EDT
Baird lowered its price target on Cheesecake Factory (NASDAQ: CAKE) to $57.00 (from $60.00) while maintaining a Neutral rating. The company's disappointing Q2 comps update partly reflects the negative impact from unseasonal weather in Midwest/East markets.
Prior to presenting at two investor conferences... More
June 14, 2017 9:00 AM EDT
BofA/Merrill Lynch lowered its price target on Cheesecake Factory (NASDAQ: CAKE) to $62.00 (from $67.00) while maintaining a Neutral rating. Cheesecake Factory cut its 2Q guidance for same store sales intra-quarter. The company now expects comps to be down about 1% for 2Q, below previous guidance... More
June 13, 2017 11:57 AM EDT
Wells Fargo lowered its price target on Cheesecake Factory (NASDAQ: CAKE) to $55.00 (from $61.50) while maintaining a Market Perform rating, as the company lowered its same-store sales guidance.
Analyst Jeff Farmer notes the revised guidance from management, lowering SSS outlook to -1% from +1% is fueled by... More
June 13, 2017 8:19 AM EDT
Longbow Research reiterates Buy rating and $173 price target on Apple (NASDAQ: AAPL), following company update post Taiwan Supplier Sales data release.
Analyst Shawn Harrison notes the implied data from Taiwan Supplier sales data could indicate a worse quarter than seasonally expected, further support... More
