Goldman Sachs Maintains Sell on Jack In The Box, Lowers Price Target to $47
Portfolio Pulse from Benzinga Newsdesk
Goldman Sachs analyst Christine Cho maintains a Sell rating on Jack In The Box and lowers the price target from $55 to $47.
October 21, 2024 | 4:29 pm
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Goldman Sachs has reiterated its Sell rating on Jack In The Box and reduced the price target from $55 to $47, indicating a bearish outlook.
The reduction in price target from $55 to $47 by a major financial institution like Goldman Sachs suggests a negative outlook on Jack In The Box's future performance. This is likely to influence investor sentiment negatively, leading to potential short-term price declines.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100