UBS Maintains Neutral on Cracker Barrel Old, Lowers Price Target to $70
Portfolio Pulse from Benzinga Newsdesk
UBS analyst Dennis Geiger has maintained a Neutral rating on Cracker Barrel Old (NASDAQ:CBRL) and reduced the price target from $75 to $70.
December 01, 2023 | 6:42 pm
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UBS analyst Dennis Geiger maintains a Neutral rating on Cracker Barrel Old and lowers the price target from $75 to $70.
The reduction in price target by UBS suggests a downward revision of the stock's valuation, which could lead to a negative short term impact on the stock price as investors adjust their expectations.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100