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Fly News Breaks for February 24, 2017
JACK
Feb 24, 2017 | 08:19 EDT
Oppenheimer analyst Brian Bittner says Jack in the Box's near-term sales trends are "clearly disappointing," but sees these challenges as transitory, while the opportunity to improve Qdoba margins appears realistic. Beyond fundamentals, the analyst believes Jack in the Box's risk-reward appears attractive. He reiterates an Outperform rating and $125 price target on the shares.
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