Read Why Cowen Downgraded This Fast-Food Restaurant Chain
Cowen analyst Andrew M. Charles has downgraded Jack In The Box Inc (NASDAQ: JACK ) to Market Perform from Outperform and lowered the price target to $68 (17% upside) from $115. Andrew thinks the challenging quick-service restaurant industry sales backdrop and Jack''s above-industry levels of pricing inflation present headwinds for the … Full story available on Benzinga.com
Read Why Cowen Downgraded This Fast-Food Restaurant Chain
Cowen analyst Andrew M. Charles has downgraded Jack In The Box Inc (NASDAQ: JACK ) to Market Perform from Outperform and lowered the price target to $68 (17% upside) from $115. Andrew thinks the challenging quick-service restaurant industry sales backdrop and Jack''s above-industry levels of pricing inflation present headwinds for the … Full story available on Benzinga.com