BTIG Maintains Buy on Shake Shack, Raises Price Target to $125
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 $120 to $125.
May 06, 2024 | 3:57 pm
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POSITIVE IMPACT
BTIG analyst Peter Saleh maintains a Buy rating on Shake Shack and raises the price target from $120 to $125.
The increase in price target by BTIG reflects a positive outlook on Shake Shack's future performance. This endorsement from a reputable analyst could lead to increased investor confidence and potentially drive the stock price up in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100