Citigroup Maintains Neutral on Jack In The Box, Raises Price Target to $102
Portfolio Pulse from Benzinga Newsdesk
Citigroup analyst Jon Tower maintains a Neutral rating on Jack In The Box (NASDAQ:JACK) and raises the price target from $97 to $102.
May 18, 2023 | 10:31 am
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Citigroup analyst Jon Tower maintains a Neutral rating on Jack In The Box and raises the price target from $97 to $102.
The news of Citigroup maintaining a Neutral rating on Jack In The Box and raising the price target from $97 to $102 indicates that the analyst sees potential for the stock price to increase. However, the Neutral rating suggests that the analyst does not expect significant outperformance or underperformance compared to the market. This may have a limited short-term impact on the stock price, as investors may take note of the updated price target but not necessarily change their investment decisions based on the Neutral rating.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100