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Fly News Breaks for January 19, 2018
JACK
Jan 19, 2018 | 07:19 EDT
Goldman analyst Karen Holthouse upgraded Jack in the Box (JACK) to Buy and maintained a $109 price target citing relative share underperformance. The analyst said Jack in the Box is her preferred exposure to a potential secular rotation given reduced near-term comp expectations versus McDonald's (MCD) value re-launch, and better Q1 weather exposure, combined with compelling free-cash-flow based valuation.
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