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Cheesecake Factory (CAKE) PT Lowered to $57 at Baird; Remains Sidelined

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

Cheesecake Factory (CAKE) PT Lowered to $62 at BofA/Merrill Lynch Following Guidance Cut

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

Cheesecake Factory (CAKE) PT Lowered to $55 at Wells Fargo; 'Cutting EPS with SSS Shortfall Driving Material Deleverage on Company-Owned Restaurant Model'

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

Longbow Research Reiterates Buy Rating & $173 PT on Apple (AAPL); 'Taiwan Supplier Sales Through May Indicate a Weaker than Seasonal CY2Q/FY3Q'

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