Fly News Breaks for February 11, 2020
Feb 11, 2020 | 07:33 EDT
As reported previously, Cowen analyst Andrew Charles upgraded Jack in the Box to Outperform from Market Perform. The analyst said his checks suggest Tiny Tacos are seeing strong traction that he believes offers greater upside to fiscal Q2 comps than downside to Q1 comps. Combined with a discount to peers and below its historical average, he believes an inflection is likely over the next six months. Charles raised his price target to $102 from $91 on Jack in the Box shares.
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