Jack in the Box price target raised to $82 from $78 at RBC Capital

RBC Capital analyst Christopher Carril raised the firm’s price target on Jack in the Box to $82 from $78 and keeps an Outperform rating on the shares. The company’s Investor Day provided further insight into the opportunities that remain ahead for the company and its brand, the analyst tells investors in a research note. Improving unit economics via pricing and margin expansion, refranchising of Del Taco and digital remain key near-term priorities, the firm added.