Barclays Maintains Equal-Weight on Jack In The Box, Lowers Price Target to $46
Portfolio Pulse from Benzinga Newsdesk
Barclays analyst Jeffrey Bernstein has maintained an Equal-Weight rating on Jack In The Box (NASDAQ:JACK) but has lowered the price target from $57 to $46.
October 22, 2024 | 4:25 pm
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Barclays has maintained an Equal-Weight rating on Jack In The Box but reduced the price target from $57 to $46, indicating a less optimistic outlook.
The reduction in price target from $57 to $46 by Barclays suggests a less favorable view on Jack In The Box's future performance, which could lead to a negative short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100