Truist Securities Maintains Hold on Cracker Barrel Old, Lowers Price Target to $85
Portfolio Pulse from Benzinga Newsdesk
Truist Securities analyst Jake Bartlett has maintained a 'Hold' rating on Cracker Barrel Old (NASDAQ:CBRL) and lowered the price target from $97 to $85.
September 06, 2023 | 3:58 pm
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Cracker Barrel Old's price target has been lowered from $97 to $85 by Truist Securities, which maintains a 'Hold' rating on the stock.
The lowering of the price target by Truist Securities indicates a potential decrease in the stock's value. The 'Hold' rating suggests that the stock is not expected to outperform the market in the near term, which could negatively impact investor sentiment and the stock's price.
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IMPORTANCE 80
RELEVANCE 100