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Jack in the Box price target lowered to $12 from $16 at TD Cowen
TD Cowen analyst Andrew Charles lowered the firm’s price target on Jack in the Box (JACK) to $12 from $16 and keeps a Hold rating on the shares. The firm adjusted targets in the restaurant group as part of a Q1 preview, saying its checks and analysis suggest a mixed Q1 earnings season for quick service. TD sees more misses than beats within quick service.
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