Truist Securities Maintains Hold on Cracker Barrel Old, Lowers Price Target to $72
Portfolio Pulse from Benzinga Newsdesk
Truist Securities analyst Jake Bartlett maintains a Hold rating on Cracker Barrel Old (NASDAQ:CBRL) and lowers the price target from $75 to $72.
February 28, 2024 | 3:02 pm
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Truist Securities maintains a Hold rating on Cracker Barrel Old and lowers the price target from $75 to $72.
The reduction in the price target by Truist Securities suggests a less optimistic outlook on Cracker Barrel's stock performance in the short term. This adjustment could lead to a negative perception among investors, potentially causing a decrease in the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100