The Latest Analyst Ratings for Shake Shack
Portfolio Pulse from Benzinga Insights
Shake Shack (NYSE:SHAK) has received various analyst ratings in the last quarter, with 2 bullish, 1 somewhat bullish, and 12 indifferent. Over the past 3 months, 15 analysts have offered 12-month price targets for Shake Shack, with an average price target of $70.47. This average price target has increased by 19.62% over the past month.
July 17, 2023 | 1:00 pm
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POSITIVE IMPACT
Shake Shack has received a mix of analyst ratings, with a majority being indifferent. The average 12-month price target has increased by 19.62% over the past month, indicating a positive outlook.
The increase in the average 12-month price target over the past month indicates that analysts are becoming more positive about Shake Shack's future performance. This could potentially lead to an increase in the stock's price in the short term.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100