Citigroup Maintains Sell on Cracker Barrel Old, Lowers Price Target to $79
Portfolio Pulse from jenniferd'souza@benzinga.com
Citigroup analyst Jon Tower maintains a Sell rating on Cracker Barrel Old (NASDAQ:CBRL) and lowers the price target from $88 to $79.
June 07, 2023 | 10:50 am
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Citigroup analyst Jon Tower maintains a Sell rating on Cracker Barrel Old (NASDAQ:CBRL) and lowers the price target from $88 to $79.
The lowered price target from Citigroup indicates a bearish outlook on Cracker Barrel Old's stock. This news is directly related to CBRL and is important for investors as it suggests a potential decline in the stock's value. The confidence in this analysis is high due to the credibility of Citigroup and its analyst Jon Tower.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100