Morgan Stanley Downgrades Cheesecake Factory to Underweight, Lowers Price Target to $38

Morgan Stanley analyst John Glass downgrades Cheesecake Factory (NASDAQ:CAKE) from Equal-Weight to Underweight and lowers the price target from $44 to $38.

Benzinga · 01/17/2020 11:28

Morgan Stanley analyst John Glass downgrades Cheesecake Factory (NASDAQ:CAKE) from Equal-Weight to Underweight and lowers the price target from $44 to $38.