UBS Maintains Neutral on Jack In The Box, Lowers Price Target to $60
Portfolio Pulse from Benzinga Newsdesk
UBS analyst Dennis Geiger has maintained a Neutral rating on Jack In The Box (NASDAQ:JACK) and lowered the price target from $87 to $60.
May 09, 2024 | 6:32 pm
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UBS analyst Dennis Geiger maintains a Neutral rating on Jack In The Box but lowers the price target from $87 to $60.
The reduction in the price target by UBS suggests a bearish outlook on the stock's short-term price potential, likely due to factors not specified in the article but inferred to be negative. This adjustment could lead to a decrease in investor confidence and potentially lower stock prices in the short term.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 100