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Fly News Breaks for November 12, 2018
CAKE
Nov 12, 2018 | 05:28 EDT
Barclays analyst Jeffrey Bernstein downgraded Cheesecake Factory to Underweight and lowered his price target for the shares to $47 from $51. The analyst sees headwinds persisting following the company's "disappointing" Q3 results and views the valuation as full at current share levels.
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