Truist analyst Jake Bartlett raised the firm’s price target on Jack in the Box to $95 from $86 and keeps a Buy rating on the shares following an appearance at the ICR Conference. The firm views the investor concern about comments on near-term trends as overblown and remains confident in its Q1 SSS estimate of up 2.5%, the analyst tells investors in a research note.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
See today’s best-performing stocks on TipRanks >>
Read More on JACK:
- Jack in the Box price target raised to $98 from $90 at Oppenheimer
- Jack in the Box price target raised to $91 from $80 at Barclays
- Jack in the Box named to Loop Capital’s 2024 Best Ideas list
- Jack in the Box price target raised to $95 from $80 at BofA
- Jack in the Box management to meet virtually with Loop Capital