Shake Shack (SHAK) option IV near upper end of range

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Shake Shack (SHAK) PT Raised to $120 at Deutsche Bank

October 23, 2024 5:50 AM EDT

Deutsche Bank analyst Lauren Silberman raised the price target on Shake Shack (NYSE: SHAK) to $120.00 (from $115.00) while maintaining a Hold rating.

The analyst comments "Sentiment on SHAK is positive as near-term SSS remain strong and investors see upside to long-term SSS, unit potential and... More