B of A Securities Maintains Underperform on Cracker Barrel Old, Lowers Price Target to $46
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 $48 to $46.
July 17, 2024 | 5:04 pm
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B of A Securities has maintained an Underperform rating on Cracker Barrel Old and lowered the price target from $48 to $46, indicating a bearish outlook.
The Underperform rating and lowered price target suggest that the analyst expects Cracker Barrel Old's stock to underperform relative to the market. This could lead to a negative sentiment among investors, potentially driving the stock price down in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100