Deutsche Bank analyst Brian Mullan raised the firm’s price target on Jack in the Box to $81 from $75 and keeps a Hold rating on the shares following the fiscal Q1 results. The company’s same-store-sales momentum has continued in the current quarter at the core Jack In The Box brand, implying upward revisions to consensus coming out of the quarter, the analyst tells investors in a research note.
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Published first on TheFly
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