Barclays lowered the firm’s price target on Shake Shack (SHAK) to $160 from $168 and keeps an Overweight rating on the shares. The company’s Q2 report was mixed with a modest comp shortfall offset by margin and earnings upside, the analyst tells investors in a research note.
Claim 55% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on SHAK:
- Shake Shack Reports Strong Q2 2025 Financial Results
- Shake Shack price target raised to $110 from $97 at Stifel
- Shake Shack’s Mixed Performance and Valuation Concerns Lead to Hold Rating
- Morning Movers: Roblox skyrockets following second quarter results
- Shake Shack’s Strong Financial Performance and Operational Improvements Lead to Buy Rating