Longbow Research Upgrades Shake Shack (SHAK) to Neutral
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Jefferies Raised Shake Shack (SHAK) Price Target Following Q1 Beat
May 14, 2015 9:32 AM EDTJefferies 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
Shake Shack (SHAK) Tops Q1 EPS by 7c
May 13, 2015 4:02 PM EDTShake Shack (NYSE: SHAK) reported Q1 EPS of $0.04, $0.07 better than the analyst estimate of ($0.03). Revenue for the quarter came in at $37.8 million versus the consensus estimate of $33.91 million.
Same-Shack sales increased 11.7%.
Shake Shack sees FY2015 revenue of $161-165 million, versus the consensus of... More
