Deutsche Bank raised the firm’s price target on Shake Shack (SHAK) to $117 from $110 and keeps a Buy rating on the shares. The firm believes Shake Shack shares offer a favorable setup into the Q1 report. The analyst sees the company’s continued momentum driving a same-store-sales beat. Deutsche expects Shake Shack to reiterate its 2026 guidance given it is still early in the year and macro uncertainty, though it sees room for upward earnings revisions.
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