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Jack in the Box price target lowered to $95 from $110 at Guggenheim

Guggenheim lowered the firm’s price target on Jack in the Box to $95 from $110 and keeps a Buy rating on the shares. While the analyst thought the quarter was “fine,” management guided next year EBITDA and EPS below consensus and the firm is trimming its FY24 adjusted EPS estimate following fiscal Q4 earnings.

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