Truist Securities Maintains Buy on Shake Shack, Raises Price Target to $95
Portfolio Pulse from jenniferd'souza@benzinga.com
Truist Securities analyst Jake Bartlett maintains a 'Buy' rating on Shake Shack (NYSE:SHAK) and raises the price target from $90 to $95.
August 04, 2023 | 4:43 pm
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POSITIVE IMPACT
Truist Securities maintains a 'Buy' rating on Shake Shack and raises the price target from $90 to $95, indicating positive sentiment towards the stock.
The raised price target by Truist Securities indicates a positive outlook for Shake Shack's stock. This could lead to increased investor confidence and potentially a rise in the stock's price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100