Truist lowered the firm’s price target on Jack in the Box (JACK) to $57 from $70 and keeps a Buy rating on the shares. The firm cites the company’s Q4 SSS miss and weaker than expected FY25 guidance, though it also views the outlook as potentially conservative given the improved results in early Q1, easing compares ahead, and a potentially improving macro backdrop, the analyst tells investors in a research note.
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