Northcoast Research Upgrades Shake Shack to Buy, Announces $85 Price Target
Portfolio Pulse from Benzinga Newsdesk
Northcoast Research analyst Jim Sanderson has upgraded Shake Shack (NYSE:SHAK) from Neutral to Buy and announced a price target of $85.

September 15, 2023 | 10:41 am
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Shake Shack has been upgraded from Neutral to Buy by Northcoast Research, with a new price target of $85.
The upgrade from Neutral to Buy indicates a positive outlook for Shake Shack. The new price target of $85, if achieved, would represent a significant increase in the stock's current price. This news is likely to be seen positively by investors and could drive the stock price up in the short term.
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