Jack in the Box (JACK) also saw a rating upgrade from Stifel analysts, who upgraded the company's stock to Buy from Hold. Eli Lilly (LLY), on the other hand, saw a double downgrade from HSBC analysts.

Is this a sign of the times? Apparently so. Jack in the Box is the latest franchise to announce a big streamlining of its locations, announcing the closure of 150–200 underperforming restaurants.

SAN DIEGO — Jack in the Box plans to close up to 200 of its restaurants and is considering the sale of its Del Taco brand, the company said in a news release on April 23. Jack in the Box ...

Jack in the Box said Wednesday it is planning to close between 150 to 200 underperforming restaurants and could sell the Del Taco brand it acquired three years ago. The San Diego-based chain ...

Jack in the Box has announced it is planning to close between 150 to 200 underperforming restaurants and could sell the Del Taco brand it acquired three years ago. On April 23, the San Diego-based ...

In a surprise move, Jack in the Box announced this week it would be closing as many as 200 of its restaurant locations, in addition to possibly unloading Del Taco, a chain it purchased only three ...

Jack In The Box (JACK – Research Report) received a Buy rating and a $32.00 price target from Stifel Nicolaus analyst Chris O`Cull yesterday. The company’s shares closed last Friday at $24.52.

Jack in the Box, the San Diego-based fast-food chain, will close 150 to 200 of its roughly 2,200 storefronts as part of its newly announced “Jack on Track” cost-cutting strategy intended to expedite ...