Yum! Brands & TrueCar Upgraded, Jack in the Box's Price Target Upped
Yum! Brands (YUM) and TrueCar (TRUE) upgraded, price target raised for Jack in the Box (JACK) in Thursday's Analysts' Actions. Jack in the Box got a bump in its price target at Jefferies to $80 from $71. The firm says it's impressed by the fast-food chain's ability to manage headwinds and drive margin gains. Jefferies has a BUY rating for the stock. Yum! Brands was upgraded at Janney to BUY from NEUTRAL saying the issues with meat safety in China is subsiding and the stock's upside will increase. The firm also raised the operator of Taco Bell and Pizza Hut's price target by $20 to $88. TrueCar was upgraded to OUTPERFORM from SECTOR PERFORM at RBC. The price target was also raised to $23 from $18 dollars on solid management execution and incrementally positive trends and easing of investment risks.









