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Shake Shack (SHAK): Cutting Price Target to $36 - Jefferies

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Buy Shake Shack (SHAK) on Weakness Following Results - Buckingham Research

August 11, 2016 8:43 AM EDT

Buckingham Research analyst John Zolidis said he would be a buyer of Shake Shack (NYSE: SHAK) amid weakness following its beat-and-raise quarter. The firm maintained its Buy rating and price target of $45.00. Shares of SHAK are currently down 7.5%.

"We would use any... More