Cheesecake Factory (CAKE)

Janney Mntgmy Scott downgraded Cheesecake Factory from Neutral to Sell.
Analyst Mark Kalinowski said in a client note that his sources have suggested that casual dining operators' sales at restaurants open at least a year were no better in December than in October and November, when the indicator was down by 4 percent to 5 percent.

Jan 11 · 3:17:00 PM · Source: MSN Moneycentral
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by Rich Pike