Morgan Stanley Maintains Equal-Weight on Shake Shack, Raises Price Target to $68
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley analyst Brian Harbour has maintained an Equal-Weight rating on Shake Shack (NYSE:SHAK) and raised the price target from $63 to $68.

July 17, 2023 | 2:36 pm
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Morgan Stanley has maintained an Equal-Weight rating on Shake Shack and raised the price target from $63 to $68.
The news is directly related to Shake Shack as Morgan Stanley has maintained an Equal-Weight rating on the company and raised the price target. This suggests that the analyst sees potential upside in the stock, which could positively impact the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100