Loop Capital Maintains Hold on Cracker Barrel Old, Lowers Price Target to $45
Portfolio Pulse from Benzinga Newsdesk
Loop Capital has maintained a Hold rating on Cracker Barrel Old (NASDAQ:CBRL) while lowering the price target from $50 to $45.
September 20, 2024 | 12:12 pm
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Loop Capital has maintained a Hold rating on Cracker Barrel Old (CBRL) and reduced the price target from $50 to $45, indicating a cautious outlook.
The reduction in price target from $50 to $45 by Loop Capital suggests a less optimistic view on Cracker Barrel's future performance, which could lead to a negative short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100