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Stock impact report

Wells Fargo Begins Coverage on Cracker Barrel (CBRL) with Cautious Outlook [Yahoo! Finance]

Cracker Barrel Old Country Store, Inc. (CBRL) 
Last cracker barrel old country store, inc. earnings: 2/25 08:00 am Check Earnings Report
US:NASDAQ Investor Relations: investor.cbrlgroup.com/investor-relations
Company Research Source: Yahoo! Finance
potential . On October 17, Wells Fargo initiated coverage of Cracker Barrel Old Country Store, Inc. (NASDAQ:CBRL) with an Equal Weight rating and a $42 price target. Wells Fargo Begins Coverage on Cracker Barrel (CBRL) with Cautious Outlook Vacancylizm/Shutterstock.com The firm noted that the company's fundamentals have weakened, citing consumer resistance to recent strategic changes. This hesitation has raised concerns about Cracker Barrel's ability to regain momentum and effectively reposition its brand. Wells Fargo expressed uncertainty about the company's near-term performance, particularly its efforts to stabilize customer traffic and refresh its image. Until there is clear evidence of operational improvement, the firm expects Cracker Barrel's stock to remain range-bound. Cracker Barrel Old Country Store, Inc. (NASDAQ:CBRL) operates a chain of combined restaurant and retail locations across the United States. Each store features a full-service restaurant offering breakf Show less Read more
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