TD Cowen Lowers Price Target for Jack in the Box to $12 from $16
TD Cowen analyst Andrew Charles has lowered the price target for Jack in the Box (JACK) from $16 to $12, maintaining a Hold rating. The adjustment is part of a Q1 earnings preview, with TD Cowen expecting a mixed performance in the quick service restaurant sector, predicting more misses than beats.
Tickers: $JACK
Topics: analyst rating Jack in the Box price target restaurant industry stock analysis