tiprankstipranks

Jack in the Box price target lowered to $75 from $80 at Stifel

Stifel analyst Chris O’Cull lowered the firm’s price target on Jack in the Box to $75 from $80 and keeps a Hold rating on the shares after the company reported fiscal Q4 earnings below estimates. FY24 guidance was roughly in line with the firm’s expectations, but with negative transaction performance, the firm is not confident pricing will pass through at a high rate, the analyst tells investors.

Confident Investing Starts Here:

Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>

See Insiders’ Hot Stocks on TipRanks >>

Read More on JACK:

Disclaimer & DisclosureReport an Issue