Jack in the Box (JACK) was added to Wedbush Securities’ Best Ideas List on Friday on expectations that the fast-food company has drivers for same-store sales growth in the near to medium term.

The investment advisory firm raised its rating on Jack in the Box to outperform from neutral, while lifting the 12-month price target to $105 from $75 a share.

Earlier this week, the San Diego-based company said system same-store sales in the 12 weeks ended July 7 jumped to 2.7% from just 0.5% in the same period of last year. For the full fiscal 2019 year, the chain now sees system same-store sales of up at least 1%, better than the guidance given in May for flat to up 1%.

Investors will probably reassess the company’s $300 million target of fiscal 2022 earnings before interest, tax, depreciation and amortization and free cash flow of $175 million as realistic, said analysts Nick Setyan, Marshall Pittman and Ivan Yu.

“We expect this reassessment, helped by the timing and magnitude of JACK’s upcoming share repurchases, to result in a higher valuation,” the Wedbush analysts said.

Contributions from remodels, drive-through enhancements, third-party delivery and initiatives toward faster speed of service are “potential layers of comp over and above our current estimates,” they said.