Shake Shack (SHAK) Provides Fourth Quarter 2024 Business Update and Long-Term Targets

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Raymond James Reiterates Strong Buy Rating on Shake Shack (SHAK)

January 13, 2025 8:02 AM EST

Raymond James analyst Brian Vaccaro reiterated a Strong Buy rating and $160.00 price target on Shake Shack (NYSE: SHAK)

The analyst comments "This morning, Shake Shack pre-released strong 4Q results including comps +4.3% y/y (vs. consensus +4.0%), store margins of 22.7% (vs. RJE 22.0%), and adj. EBITDA of... More