TD Cowen Reiterates Buy on Shake Shack, Maintains $125 Price Target
Portfolio Pulse from Benzinga Newsdesk
TD Cowen analyst Andrew Charles has reiterated a Buy rating on Shake Shack (NYSE:SHAK) and maintained a $125 price target.
April 11, 2024 | 5:54 pm
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TD Cowen analyst Andrew Charles reiterates a Buy rating on Shake Shack with a $125 price target.
The reiteration of a Buy rating and a maintained price target of $125 by TD Cowen for Shake Shack indicates a strong analyst confidence in the company's future performance. This positive outlook from a reputable analyst could lead to increased investor confidence, potentially driving up the stock price in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100