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Fly News Breaks for July 22, 2019
CAKE
Jul 22, 2019 | 08:20 EDT
Wells Fargo analyst Jon Tower lowered his price target for Cheesecake Factory to $47 from $53 ahead of quarterly results as he thinks the company will hit the lower end of its Q2 guidance, reiterate 2019 guidance, and provide more color on the North Italia acquisition. The analyst has a Market Perform rating on the shares.
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