Shake Shack Announces First Quarter 2016 Financial Results

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Jefferies Remains Sidelined on Shake Shack (SHAK) Following 1Q

May 13, 2016 8:06 AM EDT

Jefferies maintained a Hold rating and $40.00 price target on Shake Shack (NYSE: SHAK) following the company's 1Q earnings report.

Analyst Andy Barish commented, "SHAK continues to display very powerful operating metrics across all key areas and defy the difficult, competitive operating environment seen... More