Workflow
Cracker Barrel Stock Jumps on Post-Earnings Upgrade
CBRLCracker Barrel(CBRL) Schaeffers Investment Research·2025-03-10 14:40

Shares of Cracker Barrel Old Country Store Inc (NASDAQ:CBRL) are up 8.4% at 46.40atlastglance,afterTruistSecuritiesupgradedthestockto"buy"from"hold,"withaprice−targethiketo46.40 at last glance, after Truist Securities upgraded the stock to "buy" from "hold," with a price-target hike to 55 from 51.Thebullnotefollowslastweek′sfiscalsecond−quarterearningsreport,whichfeaturedbetter−than−expectedearningsandrevenue,same−storesalesgrowthof4.751. The bull note follows last week's fiscal second-quarter earnings report, which featured better-than-expected earnings and revenue, same-store sales growth of 4.7%, and a raised forecast. The restaurant chain also announced a 700 million reinvention plan spanning three years, which will include large menu ...