SunTrust analyst Jake Bartlett lowered his price target on Jack in the Box to $98 after its Q4 results, noting that while the company posted two consecutive quarters of strong comps, the management's discontinuation of quarter-to-date guidance was "poorly timed" given the early stages of the turnaround. The analyst also states that decelerating monthly comps during Q4 and more challenging compares coming in the second half of FY20 makes it difficult to assess how conservative the guidance was. Bartlett still keeps his Buy rating on Jack in the Box, anticipating a less value oriented promotional restaurant environment in the back half of FY19 and in FY20.