Jack in the Box price target lowered to $16 from $17 at RBC Capital

RBC Capital analyst Logan Reich lowered the firm’s price target on Jack in the Box (JACK) to $16 from $17 and keeps an Outperform rating on the shares. The company’s Q2 print was challenging, with the combination of continued top-line headwinds and profitability pressures requiring a material improvement in the second half of 2026 to achieve the company’s guidance, which was lowered on the top- and bottom-line, the analyst tells investors in a research note. Franchisee profitability continues to be pressured, which limits their ability to invest in the stores, while the upcoming debt refi could drive annual interest expense about $23M higher, the firm added.