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$11.72 0.76 (6.93%)
10/13/2008 4:00 PM

The Cheesecake Factory, Inc. (CAKE)

CAPS Rating:
**

Operates upscale, full-service, casual dining restaurants under The Cheesecake Factory® and Grand Lux Cafe® marks. The Company also operates one self-service, limited menu express foodservice operation under The Cheesecake Factory Express® mark.

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Avatar COOLSTOCK (70.14) Submitted: 7/17/08 3:52 PM : Outperform Start Price: $16.27 CAKE Score: -9.96

Cheescake Factory is a solid brand. Restraunts are struggling from the slow economy and speculation at how the raised minimum wage rate will affect them in 08 and 09. I give CAKE 1 year to hover under $20 and a second year to fully recover to the upper 20's. My 2 yr target price is $30/share

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