RBC Capital lowered the firm’s price target on Jack in the Box (JACK) to $30 from $45 and keeps an Outperform rating on the shares. The firm is adjusting its model after the company pre-announced Q2 and articulated its strategy for Del Taco, the analyst tells investors in a research note.
Confident Investing Starts Here:
- Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions
- Receive undervalued, market resilient stocks straight to you inbox with TipRanks' Smart Value Newsletter
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on JACK:
Looking for a trading platform? Check out TipRanks' Best Online Brokers , and find the ideal broker for your trades.
Report an Issue