Jack in the Box price target lowered to $55 from $65 at RBC Capital

RBC Capital lowered the firm’s price target on Jack in the Box (JACK) to $55 from $65 but keeps an Outperform rating on the shares as part of a broader research note previewing 2025 in Restaurant and Leisure sector. The stock’s current multiple discount to the group is overdone given menu innovation, market expansion showing positive signs, and digital adoption driving both SSS and unit growth acceleration, the analyst tells investors in a research note.