Argus Downgrades Cracker Barrel (CBRL) to Hold

Argus downgraded Cracker Barrel (NASDAQ: CBRL) from Buy to Hold on a weak sales outlook.

The firm sees little room for P/E multiple expansion in the near term.

For an analyst ratings summary and ratings history on Cracker Barrel click here. For more ratings news on Cracker Barrel click here.

Shares of Cracker Barrel closed at $129.91 yesterday.

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