Cracker Barrel Stock Drops, Analysts Remain Cautious

Cracker Barrels stock takes a hit, dropping 2.6% after Bank of America Securities downgrades it to Underperform and lowers price target to $29. Shares known for volatility, with 37 moves of over 5% in the past year. Stock down over 52% this year, currently trading at $26.32, far below its 52-week high of $71.86. Investors who put $1000 in 5 years would now have only $196.60, reflecting the challenging period for the companys stock.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.