Truist Securities Reiterates Buy on Shake Shack, Maintains $85 Price Target
Portfolio Pulse from Benzinga Newsdesk
Truist Securities analyst Jake Bartlett has reiterated a Buy rating on Shake Shack (NYSE:SHAK) with a maintained price target of $85.
November 27, 2023 | 5:38 pm
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Truist Securities analyst Jake Bartlett reiterates a Buy rating on Shake Shack with a maintained price target of $85.
The reiteration of a Buy rating by a prominent analyst like Jake Bartlett can instill confidence in investors and potentially drive the stock price up in the short term. The maintained price target of $85 suggests a positive outlook on the stock's value, which could influence investor sentiment and stock performance.
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IMPORTANCE 80
RELEVANCE 100