Jack in the Box shares appear poised to advance, says Oppenheimer

theflyonthewall.com

Oppenheimer believes the market is drawing incorrect conclusions about Jack in the Box based on weak results from a number of its competitors. The firm expects Jack in the Box to report higher than expected Q4 EPS, and it thinks the company has a number of upcoming catalysts. The firm identifies the stock as a top idea over the long-term and short-term.

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