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Shake Shack price target lowered to $160 from $168 at Barclays

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.

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