TD Cowen Reiterates Market Perform on Shake Shack, Maintains $75 Price Target
Portfolio Pulse from richadhand@benzinga.com
TD Cowen analyst Andrew Charles has reiterated a 'Market Perform' rating on Shake Shack (NYSE:SHAK) and maintained a $75 price target.
July 17, 2023 | 9:44 am
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TD Cowen analyst has reiterated a 'Market Perform' rating on Shake Shack and maintained a $75 price target.
The reiteration of the 'Market Perform' rating and the maintenance of the $75 price target by TD Cowen indicates that the analyst believes the stock is fairly valued at its current price. This could potentially have a neutral impact on the stock's price in the short term.
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IMPORTANCE 70
RELEVANCE 100