BofA/Merrill Lynch Upgrades Jack In The Box (JACK) Two Notches to Buy

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Shares of Jack In The Box (NASDAQ: JACK) are indicated higher Friday as BofA/Merrill Lynch upgraded the stock from Underperform to Buy, lifting its price target from $21 to $32.

The stock last crossed at $26.30, up about 1.7 percent early.

For an analyst ratings summary and ratings history on Jack In The Box click here. For more ratings news on Jack In The Box click here.

Shares of Jack In The Box closed at $25.87 yesterday, with a 52 week range of $18.25-$26.61.

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Merrill Lynch, Bank of America

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