Wedbush Maintains Neutral on Jack In The Box, Lowers Price Target to $72
Portfolio Pulse from Benzinga Newsdesk
Wedbush analyst Nick Setyan has maintained a Neutral rating on Jack In The Box (NASDAQ:JACK) and reduced the price target from $95 to $72.
November 17, 2023 | 11:49 am
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NEGATIVE IMPACT
Wedbush has maintained a Neutral rating on Jack In The Box but lowered the price target from $95 to $72, indicating a potential downside compared to the previous target.
The reduction in price target by Wedbush suggests that the analyst sees less upside potential for Jack In The Box's stock price in the short term. This could lead to a negative investor sentiment and a potential decrease in the stock price.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100