Shake Shack (SHAK) PT Lowered to $114 at Wedbush

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Shake Shack (SHAK) PT Lowered to $85 at Stifel

May 7, 2021 10:14 AM EDT

Stifel analyst Chris O\'Cull lowered the price target on Shake Shack (NYSE: SHAK) to $85.00 (from $90.00) while maintaining a Hold rating.

The analyst commented, "SHAK reported results below investor expectations last night, with stronger nominal SRS resulting in revenue underperformance, coupled with... More