Truist Securities Maintains Buy on Shake Shack, Maintains $127 Price Target
Portfolio Pulse from Benzinga Newsdesk
Truist Securities has reiterated its Buy rating for Shake Shack (NYSE:SHAK) with a maintained price target of $127.
August 28, 2024 | 3:32 pm
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Truist Securities has reiterated its Buy rating for Shake Shack, maintaining a price target of $127, indicating confidence in the company's future performance.
The reaffirmation of a Buy rating and a high price target by Truist Securities suggests a positive outlook for Shake Shack, likely boosting investor confidence and potentially driving the stock price up in the short term.
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IMPORTANCE 80
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