Shake Shack (SHAK) Tops Q1 EPS by 6c, Comps Increase 1.7%

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Go back to Shake Shack (SHAK) Tops Q1 EPS by 6c, Comps Increase 1.7%

Shake Shack (SHAK) PT Raised to $62 at Piper Jaffray on 1Q Report; 'Upside Surprise to 1Q18 Results... Accelerated Unit Growth'

May 4, 2018 5:54 AM EDT

Piper Jaffray raised its price target on Shake Shack (NYSE: SHAK) to $62.00 (from $44.00) while maintaining a Overweight rating, following the company's first quarter earnings report.

Analyst Nicole Miller Regan notes an upbeat outlook on the shares, as SHAK reported 2018 first quarter earnings per share... More