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Enter Symbol:
 
The Cheesecake Factory Incorporated (CAKE) [hlAlert]

Rating:
Hold CAKE
up 8.69 %

The Cheesecake Factory Incorporated (CAKE) downgraded to Hold by Argus

Posted on: Thursday,  Mar 5, 2015  8:25 AM ET by Argus

Argus rated Hold The Cheesecake Factory Incorporated (NASDAQ: CAKE) on 03/05/2015. Previously Argus rated Buy The Cheesecake Factory Incorporated (NASDAQ: CAKE) on
07/16/2013., when the stock price was $44.05. Since then, The Cheesecake Factory Incorporated has gained 8.69% as of 03/05/2015's recent price of $47.88.
If you would have followed the previous Argus's recommendation on CAKE, you would have gained 8.69% of your investment in 597 days.

The Cheesecake Factory Incorporated operates 160 upscale, full-service casual dining restaurants, 146 under The Cheesecake Factory mark in 34 states and the District of Columbia, 13 under the Grand Lux Cafe mark in nine states, and one unit of its concept, RockSugar Pan Asian Kitchena in California. The Company also operates two bakery production facilities in Calabasas Hills, California and Rocky Mount, North Carolina that produce baked desserts and other products for its restaurants and for other foodservice operators, retailers and distributors. In addition, the Company licensed two bakery cafes under The Cheesecake Factory Bakery Cafe mark to another foodservice operator. During the fiscal year ended December 30, 2008 (fiscal 2008), it closed its self-service, limited menu express foodservice operation under The Cheesecake Factory Express mark.

Argus Research is an independent research firm, and our business is producing, distributing and marketing high-quality investment and economic research. Our recommendations - BUY, HOLD and SELL - reflect the judgment of an analyst about a company's prospects as an investment in terms of value, expected growth and risks. Argus Research does not bring companies public, advise companies on mergers and acquisitions, broker trades, make markets in stocks or manage money. Our independence allows us to make critical judgments about companies that we might not be so free to make were we competing for a firm's underwriting business. Because we're not a broker/dealer, we don't have "inventory" of a stock that we have to move with a tainted recommendation. We have developed a six-point system for analyzing the stocks in our Universe of Coverage. We believe that this system
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
3/5/2015 8:25 AM Hold
None
47.88
as of 8/27/2015
1 Week   
1 Month   
3 Months   
1 YTD down  -0.80 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
7/16/2013 2:25 PM Buy
None
44.05 52.00
4/26/2010 8:25 AM Buy
None
29.77 36.00
6/12/2009 8:25 AM Buy
None
16.44 20.00

(*) Stock Price at the time of the recommendation.
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