BTIG Maintains Buy on Shake Shack, Raises Price Target to $120
Portfolio Pulse from Benzinga Newsdesk
BTIG analyst Peter Saleh has maintained a Buy rating on Shake Shack (NYSE:SHAK) and increased the price target from $110 to $120.
March 14, 2024 | 5:22 pm
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BTIG analyst Peter Saleh has reaffirmed a Buy rating on Shake Shack and raised the price target from $110 to $120.
The increase in price target by a reputable analyst like Peter Saleh signals a strong confidence in Shake Shack's future performance. This endorsement is likely to positively influence investor sentiment and potentially drive the stock price up in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100