Wedbush Reiterates Neutral on Shake Shack, Maintains $90 Price Target
Portfolio Pulse from Benzinga Newsdesk
Wedbush analyst Nick Setyan has reiterated a Neutral rating on Shake Shack (NYSE:SHAK) and maintained a $90 price target.
August 01, 2024 | 12:08 pm
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Wedbush analyst Nick Setyan has reiterated a Neutral rating on Shake Shack and maintained a $90 price target.
The reiteration of a Neutral rating and maintenance of the $90 price target by Wedbush suggests that there are no significant changes in the analyst's outlook for Shake Shack. This is likely to result in a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100