Analysts Melius Research recommend buying Jersey Mike’s (JMK) shares with a target price of $30, indicating 30% upside from IPO price
Jersey Mike's is going public at $23 per share, with Melius Research initiating coverage with a buy rating and a $30 price target, indicating a potential 30% upside. This IPO presents a significant opportunity for investors as the company is positioned to capture market share from struggling competitor Subway.