Loop Capital Maintains Buy on Jack In The Box, Lowers Price Target to $70
Portfolio Pulse from Benzinga Newsdesk
Loop Capital has maintained a Buy rating on Jack In The Box but lowered its price target from $87 to $70.
October 14, 2024 | 3:21 pm
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NEUTRAL IMPACT
Loop Capital has maintained its Buy rating on Jack In The Box but reduced the price target from $87 to $70, indicating a more cautious outlook.
The maintenance of a Buy rating suggests continued confidence in Jack In The Box's potential, but the lowered price target reflects a more cautious stance on its near-term performance. This mixed signal may lead to neutral short-term price movement.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100