Baird lowered the firm’s price target on Shake Shack (SHAK) to $98 from $132 and keeps a Neutral rating on the shares. The firm lowered its price targets on a number of restaurant names under its coverage.
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Read More on SHAK:
- Shake Shack’s Earnings Call Highlights Robust Growth Plans
- Positive Outlook on Shake Shack: Operational Efficiency and Strategic Initiatives Drive Buy Rating
- Shake Shack price target raised to $154 from $143 at Truist
- Shake Shack price target lowered to $132 from $145 at Baird
- Shake Shack price target raised to $125 from $115 at Wedbush