UBS raised the firm’s price target on Cracker Barrel (CBRL) to $69 from $60 and keeps a Neutral rating on the shares. The firm is encouraged by a solid June and positive July setup, the analyst tells investors in a research note.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on CBRL:
- Morning News Wrap-Up: Monday’s Biggest Stock Market Stories!
- “Secretly Wishing” For No Change: Cracker Barrel Stock (NASDAQ:CBRL) Drops on Customer Angst
- Cracker Barrel Issues $345M Convertible Senior Notes
- Cracker Barrel price target raised to $65 from $64 at Truist
- Closing Bell Movers: Casey’s General jumps 9% after Q4 earnings beat