Goldman Sachs Initiates Coverage On Jack In The Box with Sell Rating, Announces Price Target of $55
Portfolio Pulse from Benzinga Newsdesk
Goldman Sachs has initiated coverage on Jack In The Box (NASDAQ:JACK) with a Sell rating and a price target of $55.
June 13, 2024 | 11:10 am
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Goldman Sachs has initiated coverage on Jack In The Box with a Sell rating and a price target of $55, indicating a bearish outlook.
The Sell rating and the price target of $55 from a major financial institution like Goldman Sachs suggest a negative outlook for Jack In The Box, which is likely to put downward pressure on the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100