Morgan Stanley Maintains Equal-Weight on Shake Shack, Raises Price Target to $70
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 $68 to $70.

August 04, 2023 | 7:19 pm
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Morgan Stanley has maintained an Equal-Weight rating on Shake Shack and raised the price target from $68 to $70.
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 for the stock's price to increase, which could have a positive impact on the stock in the short term.
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