Jack in the Box falls premarket as brokerages cut PT after Q4 revenue miss
** Fast-food restaurant chain Jack in the Box's JACK.O shares fall 4.06% premarket to $43.75
** RBC says the company's Q424 and initial FY25 revenue guidance were below expectations but thinks the risk/reward continues to be attractive with stock trading near post-COVID lows; cutsPT by 7% to $65, reiterates"outperform" rating
** "Less positively, top-line growth is expected to be limited next year and combined with elevated CA wages continues to weigh on restaurant level margins," RBC says
** Jefferies says the company's guidance was "prudently cautious" as external headwinds remain; cutsPT by 8% to $46 and reiterates"hold" rating
** Deutsche Bank alsocut PT for JACKby 9% to $46 and Piper Sandler by 7.5% to $49
** Of22 analysts that cover JACK, seven rate it"strong buy" or "buy", 14 "hold" and one "sell"
** Up to lastsession's close, shares were down 44.1% YTD
Reporting by Joao Manuel Mauricio
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