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Stock Market & Financial Investment News

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February 19, 2014
06:15 EDTJACKJack in the Box shares can double in 3-4 years, says Jefferies
Jefferies analyst Alexander Slagle believes shares of Jack in the Box can be worth $100 in three-to-four years due to accelerating sales at Qdoba and continued momentum at the core brand. Slagle thinks the current stock price does not fully reflect the Qdoba opportunity and raised his price target for shares to $62 from $53 in a note to investors this morning. He keeps a Buy rating on shares of Jack in the Box, which closed yesterday down 2c to $52.70.
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