Wall Street says this beaten-down burger stock could be the next big comeback
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Pullback in this restaurant stock is 'overdone', analyst says
May 12, 2026 1:30 PM EDTRaymond James reiterated its Strong Buy rating on one well-known restaurant name in a recent note to clients, arguing that the burger chain's nearly 30% single-day stock decline following first-quarter results was "overdone" and that the core investment case remains intact.
Analyst Brian Vaccaro trimmed his price target for Shake Shack (NYSE: SHAK) to... More
