Morgan Stanley Maintains Equal-Weight on Jack In The Box, Lowers Price Target to $75
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley analyst John Glass maintains an Equal-Weight rating on Jack In The Box (NASDAQ:JACK) and lowers the price target from $80 to $75.
April 12, 2024 | 5:07 pm
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Morgan Stanley maintains an Equal-Weight rating on Jack In The Box and lowers the price target from $80 to $75.
The reduction in price target by Morgan Stanley, a major financial institution, could lead to a negative short-term impact on Jack In The Box's stock price as it may signal a less optimistic outlook on the company's future performance.
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IMPORTANCE 80
RELEVANCE 100