Citigroup Maintains Sell on Cracker Barrel Old, Raises Price Target to $61
Portfolio Pulse from Benzinga Newsdesk
Citigroup analyst Jon Tower has maintained a Sell rating on Cracker Barrel Old (NASDAQ:CBRL) while raising the price target from $60 to $61.
February 28, 2024 | 6:49 pm
News sentiment analysis
Sort by:
Ascending
NEGATIVE IMPACT
Citigroup maintains a Sell rating on Cracker Barrel Old, with a slight increase in the price target from $60 to $61.
The maintenance of a Sell rating by a major analyst like Citigroup, despite a slight increase in the price target, suggests a negative outlook on the stock's short-term performance. The increase in the price target might slightly mitigate negative sentiment, but the Sell rating is the dominant factor likely to influence investor perception and potentially the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100