Information Provided By:
Fly News Breaks for February 24, 2017
JACK
Feb 24, 2017 | 07:17 EDT
Cowen analyst Andrew Charles downgraded Jack in the Box to Market Perform and lowered the price target to $100 from $125. The analyst does not expect upside to 2017 guidance for Jack comps of approximately 2% and Qdoba comps of flat, given it implies a recovery in the back half of 2017 and is exacerbated by a challenging industry backdrop. Additionally, Charles believes significant G&A savings and share repurchases are reflected, making it difficult to drive material earnings upside.
News For JACK From the Last 2 Days
There are no results for your query JACK