Wedbush Maintains Neutral on Shake Shack, Lowers Price Target to $90
Portfolio Pulse from Benzinga Newsdesk
Wedbush analyst Nick Setyan maintains a Neutral rating on Shake Shack (NYSE:SHAK) but lowers the price target from $110 to $90.
July 19, 2024 | 3:08 pm
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Wedbush analyst Nick Setyan maintains a Neutral rating on Shake Shack but lowers the price target from $110 to $90.
The lowered price target from $110 to $90 suggests a less optimistic outlook for Shake Shack's stock performance, which could lead to a short-term decline in its stock price.
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IMPORTANCE 80
RELEVANCE 100