UBS Maintains Neutral on Jack In The Box, Lowers Price Target to $80
Portfolio Pulse from Benzinga Newsdesk
UBS analyst Dennis Geiger has maintained a Neutral rating on Jack In The Box (NASDAQ:JACK) and reduced the price target from $97 to $80.

November 16, 2023 | 6:22 pm
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UBS analyst Dennis Geiger maintains a Neutral stance on Jack In The Box but cuts the price target from $97 to $80.
The reduction in the price target by a major analyst like UBS suggests a bearish outlook on the stock's value, which could lead to a negative short-term impact on the stock price as market participants adjust their expectations.
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