TD Cowen Maintains Market Perform on Shake Shack, Raises Price Target to $91
Portfolio Pulse from Benzinga Newsdesk
TD Cowen analyst Andrew Charles has maintained a Market Perform rating on Shake Shack (NYSE:SHAK) and increased the price target from $73 to $91.
February 16, 2024 | 10:47 am
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TD Cowen has maintained its Market Perform rating on Shake Shack and raised the price target from $73 to $91.
The increase in price target by TD Cowen suggests a positive outlook on Shake Shack's future performance, potentially leading to increased investor confidence and a short-term rise in stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100