Oppenheimer Maintains Outperform on Shake Shack, Raises Price Target to $120
Portfolio Pulse from Benzinga Newsdesk
Oppenheimer analyst Brian Bittner has maintained an Outperform rating on Shake Shack (SHAK) and increased the price target from $108 to $120.
March 22, 2024 | 12:57 pm
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Oppenheimer has reaffirmed its Outperform rating on Shake Shack and raised the price target from $108 to $120.
The increase in price target by a reputable analyst like Brian Bittner suggests a strong bullish outlook on Shake Shack, likely leading to positive investor sentiment and a potential increase in stock price in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100