Shake Shack Selects Accruent to Manage Growth Strategy

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Jefferies Raised Shake Shack (SHAK) Price Target Following Q1 Beat

May 14, 2015 9:32 AM EDT

Jefferies reiterates a Hold rating on Shake Shack (NYSE: SHAK), and raised the price target to $60.00 (from $40.00), following 1Q beat across the board.

Jefferies analyst, Andy Barish, commented on SHAK, saying, "Strong 1Q beats across the board at SHAK shows... More