B of A Securities Maintains Underperform on Cracker Barrel Old, Lowers Price Target to $50
Portfolio Pulse from Benzinga Newsdesk
B of A Securities analyst Sara Senatore maintains an Underperform rating on Cracker Barrel Old (NASDAQ:CBRL) and lowers the price target from $62 to $50.

May 17, 2024 | 12:06 pm
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B of A Securities has maintained an Underperform rating on Cracker Barrel Old (NASDAQ:CBRL) and lowered the price target from $62 to $50, indicating a bearish outlook.
The maintenance of an Underperform rating combined with a lowered price target from $62 to $50 by B of A Securities suggests a negative outlook for Cracker Barrel Old. This is likely to result in a short-term decline in the stock price as investors react to the bearish sentiment.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100