Oppenheimer Maintains Outperform on Jack In The Box, Raises Price Target to $98
Portfolio Pulse from Benzinga Newsdesk
Oppenheimer analyst Brian Bittner has maintained an Outperform rating on Jack In The Box (NASDAQ:JACK) and increased the price target from $90 to $98.
January 05, 2024 | 6:31 pm
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
Oppenheimer has reaffirmed its Outperform rating on Jack In The Box and raised the price target from $90 to $98, indicating a positive outlook on the stock.
The increase in price target by a reputable analyst like Brian Bittner from Oppenheimer typically signals a bullish perspective on the stock's future performance. This can often lead to increased investor confidence and a potential short-term rise in the stock price as the market reacts to the positive recommendation.
CONFIDENCE 90
IMPORTANCE 85
RELEVANCE 100