BofA analyst Sara Senatore lowered the firm’s price target on Cracker Barrel (CBRL) to $39 from $48 and keeps an Underperform rating on the shares. The firm is fine-tuning estimates for over 20 companies across its restaurants coverage and also adjusting price targets to reflect estimate and market multiple changes as part of its calendar Q1 preview for the group.
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Read More on CBRL:
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- Cracker Barrel’s Earnings Call Highlights Growth and Challenges
- Cracker Barrel: Navigating Strategic Transformation Amidst Economic Pressures
- Cracker Barrel upgraded to Buy from Hold at Truist
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