RBC Capital lowered the firm’s price target on Jack in the Box (JACK) to $16 from $22 and keeps an Outperform rating on the shares. The company’s Q4 print was generally below consensus expectations coming in, and while revenue beat, it was largely driven by company-owned stores, the analyst tells investors in a research note. FY26 guidance for Jack in the Box was also below consensus on SSS and EBITDA, even though units and restaurant margins were guided above the Street, the firm added.
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Read More on JACK:
- Jack in the Box price target lowered to $16 from $21 at TD Cowen
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