Wedbush Reiterates Neutral on Shake Shack, Maintains $73 Price Target
Portfolio Pulse from richadhand@benzinga.com
Wedbush analyst Nick Setyan has reiterated a Neutral rating on Shake Shack (NYSE:SHAK) and maintained a $73 price target.
August 04, 2023 | 3:18 pm
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NEUTRAL IMPACT
Wedbush analyst maintains a Neutral rating on Shake Shack with a $73 price target.
The news is directly about Shake Shack and its stock rating. The Neutral rating suggests that the analyst does not expect significant price movement in the short term. The maintained price target indicates that the analyst's valuation of the company has not changed.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100