Deep Dive Into Cracker Barrel Old Stock: Analyst Perspectives (7 Ratings)
Portfolio Pulse from Benzinga Insights
Cracker Barrel Old (NASDAQ:CBRL) has been analyzed by 7 analysts, revealing mixed sentiments ranging from indifferent to bearish. The average 12-month price target has decreased by 7.14% to $66.86. Analysts have recently lowered their ratings and price targets, reflecting a cautious outlook on the stock.
May 16, 2024 | 12:01 pm
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NEGATIVE IMPACT
Cracker Barrel Old (NASDAQ:CBRL) has received mixed analyst ratings, with a notable decrease in the average 12-month price target by 7.14% to $66.86. Recent analyst actions include several downgrades and lowered price targets, indicating a cautious outlook on the stock.
The decrease in the average price target and multiple downgrades by analysts suggest a negative short-term outlook for Cracker Barrel Old. The cautious sentiment among analysts is likely to put downward pressure on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100