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Fly News Breaks for October 17, 2019
CAKE
Oct 17, 2019 | 07:40 EDT
Raymond James analyst Brian Vaccaro downgraded Cheesecake Factory to Market Perform from Outperform, citing his view that lower near-term comp visibility and a below-Street 2020 EPS estimate of $2.65 offset his favorable outlook of its recently acquired growth concepts and the stock's reasonable valuation.
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