Deutsche Bank Maintains Hold on Shake Shack, Raises Price Target to $115
Portfolio Pulse from Benzinga Newsdesk
Deutsche Bank analyst Lauren Silberman maintains a Hold rating on Shake Shack (NYSE:SHAK) and raises the price target from $105 to $115.

August 02, 2024 | 6:11 pm
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Deutsche Bank analyst Lauren Silberman maintains a Hold rating on Shake Shack and raises the price target from $105 to $115.
The raised price target from $105 to $115 by Deutsche Bank indicates a positive outlook for Shake Shack's stock, which could lead to a short-term price increase. However, the Hold rating suggests that the stock may not outperform the market significantly.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100