Citi analyst Jon Tower lowered the firm’s price target on Cracker Barrel (CBRL) to $24 from $42 and keeps a Sell rating on the shares ahead of the fiscal Q1 report. The firm sees the company’s restaurant sale-store-sakes missing expectations. Cracker Barrel’s “weak” traffic brings risk to its fiscal 2026 EBITDA outlook, the analyst tells investors in a research note.
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