Piper Sandler Maintains Neutral on Cracker Barrel Old, Lowers Price Target to $75
Portfolio Pulse from Benzinga Newsdesk
Piper Sandler analyst Brian Mullan has maintained a Neutral rating on Cracker Barrel Old (NASDAQ:CBRL) but has lowered the price target from $96 to $75.
December 04, 2023 | 4:05 pm
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Piper Sandler has maintained a Neutral rating on Cracker Barrel Old but reduced the price target from $96 to $75, indicating a potential downside or limited upside.
The reduction in price target by Piper Sandler suggests that the analyst sees less potential for stock price growth, which could lead to negative investor sentiment and a possible decrease in the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100