Baird Maintains Neutral on Shake Shack, Raises Price Target to $105
Portfolio Pulse from Benzinga Newsdesk
Baird analyst David Tarantino maintains a Neutral rating on Shake Shack (NYSE:SHAK) and raises the price target from $93 to $105.

August 02, 2024 | 2:42 pm
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Baird analyst David Tarantino maintains a Neutral rating on Shake Shack and raises the price target from $93 to $105.
The raised price target from $93 to $105 suggests a positive outlook on Shake Shack's future performance, which could lead to a short-term increase in stock price. However, the Neutral rating indicates that the analyst does not see a strong buy or sell signal.
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IMPORTANCE 70
RELEVANCE 100