RBC Capital Maintains Outperform on Jack In The Box, Lowers Price Target to $78
Portfolio Pulse from Benzinga Newsdesk
RBC Capital analyst Christopher Carril maintains an Outperform rating on Jack In The Box (NASDAQ:JACK) but lowers the price target from $80 to $78.

November 22, 2023 | 3:33 pm
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NEUTRAL IMPACT
RBC Capital maintains an Outperform rating on Jack In The Box but reduces the price target from $80 to $78.
The reduction in price target by RBC Capital could suggest a slightly more cautious outlook on Jack In The Box's future performance. However, maintaining the Outperform rating indicates that the analyst still sees the company as a good investment. The impact on the stock price is likely to be neutral to slightly negative in the short term, as the market digests the mixed signals of a lower price target with a positive rating.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100