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Fly News Breaks for November 15, 2016
CAKE
Nov 15, 2016 | 08:38 EDT
As noted earlier, Argus upgraded Cheesecake Factory to Buy from Hold. Analyst John Staszak says that investors should be attracted to Cheesecake by its dividend hikes, share repurchases, and "ability to open new stores while generating consistent comp (sales) growth." He believes that the stock is undervalued. Target $69.
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