Fly News Breaks for March 5, 2015
CAKE
Mar 5, 2015 | 08:47 EDT
As noted earlier, Argus downgraded Cheesecake Factory to Hold from Buy. The firm downgraded the stock after the company's revenue growth slowed last year, while higher food and labor costs weighed on its earnings. The firm expects these trends to continue in the near-term. Target $51.
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