Jack in the Box price target lowered to $42 from $50 at TD Cowen

TD Cowen lowered the firm’s price target on Jack in the Box (JACK) to $42 from $50 and keeps a Hold rating on the shares. The firm said its checks suggest fast casual will remain the bright spot of the industry in 2025 and they expect in-line outlooks to maintain a beat and raise rhythm, with medium-term prospects for the group still healthy.