Piper Sandler analyst Brian Mullan raised the firm’s price target on Cracker Barrel (CBRL) to $46 from $44 and keeps a Neutral rating on the shares. Following the company’s fiscal Q1 2025 pre-announcement, the firm is updating its model to align with the expected results. Relative to its prior estimates, same-stores sales are revised higher in both the Restaurant and Retails segments.
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Read More on CBRL:
- Cracker Barrel price target raised to $48 from $44 at Truist
- Cracker Barrel price target raised to $45 from $42 at BofA
- Biglari says Cracker Barrel preliminary Q1 report ‘reinforces our concerns’
- Disney reports Q4 beat, Capri-Tapestry call off deal: Morning Buzz
- Cracker Barrel sees Q1 adjusted EPS 45c, consensus 40c
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
