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Fly News Breaks for November 23, 2016
JACK
Nov 23, 2016 | 07:52 EDT
Baird analyst David Tarantino noted Jack in the Box reported fairly solid Q4 results and provided a positive outlook. The company also showed signs of improving comps momentum as well as benefits from key value-creating strategies. Tarantino said the near-term risk/reward is favorable at current levels, reiterated his Outperform rating and raised his price target to $125 from $120 on Jack in the Box shares.
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