Truist Securities Reiterates Buy on Shake Shack, Maintains $87 Price Target
Portfolio Pulse from Benzinga Newsdesk
Truist Securities analyst Jake Bartlett has reiterated a Buy rating on Shake Shack (NYSE:SHAK) and maintained the price target of $87.

January 18, 2024 | 6:42 pm
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Truist Securities analyst Jake Bartlett reaffirmed a Buy rating on Shake Shack with a price target of $87.
The reiteration of a Buy rating by Truist Securities is a positive endorsement for Shake Shack, which could instill confidence in investors and potentially drive the stock price up in the short term. The maintained price target of $87 suggests that the analyst sees continued upside potential for the stock.
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