UBS Maintains Neutral on Jack In The Box, Lowers Price Target to $77
Portfolio Pulse from Benzinga Newsdesk
UBS analyst Dennis Geiger has maintained a Neutral rating on Jack In The Box (NASDAQ:JACK) but has lowered the price target from $80 to $77.
November 22, 2023 | 5:13 pm
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NEUTRAL IMPACT
UBS analyst Dennis Geiger maintains a Neutral rating on Jack In The Box and reduces the price target from $80 to $77.
The reduction in price target by UBS reflects a slightly less optimistic valuation of Jack In The Box, which could lead to a neutral short-term impact on the stock as the market absorbs this information. The maintenance of a Neutral rating suggests no significant change in the company's outlook, hence the neutral score.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100