UBS raises Cracker Barrel price target to $37

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Key Highlights

UBS analyst Dennis Geiger maintains a Neutral rating on Cracker Barrel Old and raises the price target from $31 to $37.

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UBS analyst Dennis Geiger has maintained a Neutral rating on Cracker Barrel Old while raising the price target to $37. The previous target was $31. The stock trades on NASDAQ under the ticker CBRL.

Rating and Price Target Details

The following table outlines the revised valuation metrics provided by UBS:

Metric Value
Rating Neutral
New Price Target $37
Previous Price Target $31
Disclaimer: This article is AI-generated using data from ViewTrade. ScanX is not liable for any inaccuracies.

What factors drove UBS to raise the price target despite maintaining a Neutral rating?

How might Cracker Barrel's recent performance influence future analyst ratings?

What market conditions could lead to a potential upgrade from Neutral in the coming months?

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Citigroup maintains sell on Cracker Barrel, raises target to $34

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Reviewed by
Radhika SScanX News Team
Key Highlights

Citigroup analyst Jon Tower maintains a sell rating on Cracker Barrel Old (NASDAQ:CBRL) and raises the price target to $34 from $28. The adjustment reflects a revised valuation outlook while retaining a cautious stance on the stock.

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Citigroup analyst Jon Tower has maintained a sell rating on Cracker Barrel Old (NASDAQ:CBRL) while raising the price target to $34 from the previous $28. The revised target indicates a shift in valuation expectations despite the continued negative outlook on the stock.

The rating update provides investors with a new reference price for the shares, which trade on the NASDAQ under the ticker CBRL. While the price target has been increased, the sell stance suggests that the analyst believes the stock's current price exceeds its intrinsic value.

Rating and Target Details

The following table outlines the changes in the analyst's perspective:

Metric Previous Value New Value
Rating Sell Sell
Price Target $28 $34

Cracker Barrel Old operates in the restaurant and retail sector. The company's stock performance is closely watched by market participants tracking consumer discretionary trends.

Disclaimer: This article is AI-generated using data from ViewTrade. ScanX is not liable for any inaccuracies.

What specific factors drove Citigroup to raise the price target despite maintaining a sell rating?

How might Cracker Barrel's upcoming earnings report influence future analyst ratings?

What broader consumer discretionary trends could impact Cracker Barrel's stock performance in the near term?

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