SunTrust Upgrades Shake Shack (SHAK) to Buy

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Go back to SunTrust Upgrades Shake Shack (SHAK) to Buy

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

Shake Shack (SHAK) Tops Q2 EPS by 1c; Comps Light of Expectations

August 10, 2016 4:06 PM EDT

(Updated - August 10, 2016 4:09 PM EDT)

Shake Shack (NYSE: SHAK) reported Q2 EPS of $0.14, $0.01 better than the analyst estimate of $0.13. Revenue for the quarter came in at $66.5 million versus the consensus estimate of $63.11 million.

Comps rose 4.5 percent, versus a gain of 5.4 percent... More