RBC Capital lowered the firm’s price target on Jack in the Box (JACK) to $55 from $65 but keeps an Outperform rating on the shares as part of a broader research note previewing 2025 in Restaurant and Leisure sector. The stock’s current multiple discount to the group is overdone given menu innovation, market expansion showing positive signs, and digital adoption driving both SSS and unit growth acceleration, the analyst tells investors in a research note.
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Read More on JACK:
- Jack in the Box management to meet virtually with Loop Capital
- Portillo’s names Tony Darden as COO
- Jack In The Box Announces Leadership Transition
- Jack in the Box COO Tony Darden to depart
- Jack in the Box price target lowered to $57 from $70 at Truist
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
