Cheesecake Factory (CAKE) Tops Q2 EPS by 2c, Miss on Revenues

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Go back to Cheesecake Factory (CAKE) Tops Q2 EPS by 2c, Miss on Revenues

Cheesecake Factory (CAKE) PT Lowered to $44 at Nomura/Instinet on Q2 Report; 'Q3 is Off to Softer Start'

August 3, 2017 9:20 AM EDT

Nomura/Instinet lowered its price target on Cheesecake Factory (NASDAQ: CAKE) to $44.00 (from $50.00) while maintaining a Neutral rating, following the company's second quarter earnings report.

Analyst Mark Kalinowski notes the company produced a mixed report, with the second quarter earnings per share print... More