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Fly News Breaks for May 21, 2019
JACK
May 21, 2019 | 07:31 EDT
Morgan Stanley analyst John Glass reinstated coverage of Jack in the Box with an Equal Weight rating and $87 price target, stating that its recent improvement in sales trends have been encouraging, but he believes net unit growth will need to begin ramping soon in order for its FY22 targets to be achievable.
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