Wedbush Maintains Neutral on Shake Shack, Raises Price Target to $73
Portfolio Pulse from richadhand@benzinga.com
Wedbush analyst Nick Setyan maintains a Neutral rating on Shake Shack (NYSE:SHAK) and raises the price target from $59 to $73.
July 28, 2023 | 12:46 pm
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NEUTRAL IMPACT
Wedbush analyst maintains a Neutral rating on Shake Shack and raises the price target from $59 to $73.
The news is directly about Shake Shack. The raised price target indicates a positive outlook, but the neutral rating suggests that the stock is fairly valued at its current price. This could lead to a neutral impact on the stock's price in the short term.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100