UBS has decided to maintain its Neutral rating of Jack In The Box (NASDAQ:JACK) and lower its price target from $93.00 to $85.00.
Shares of Jack In The Box are trading down 3.57% over the last 24 hours, at $76.15 per share.
A move to $85.00 would account for a 11.62% increase from the current share price.
About Jack In The Box
Jack In The Box Inc operates quick-service restaurants and fast-casual restaurants in California, the USA under the brands Jack in the Box. The company menu offers burgers, tacos, regular and curly fries, specialty sandwiches, salads and ice cream shakes. These foods are available with the option of customization as per customer requirements. The company also offer catering services to its customers. Revenues are generated from sales that take place at their restaurants.
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This article was generated by Benzinga's automated content engine and reviewed by an editor.
