Baird raised the firm’s price target on Shake Shack (SHAK) to $90 from $85 and keeps a Neutral rating on the shares. The firm updated its model following Q1 results where the margin outlook improved but there is low comps visibility.
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Read More on SHAK:
- Shake Shack price target lowered to $125 from $140 at BTIG
- Shake Shack Reports Strong Q1 2025 Financial Growth
- Shake Shack’s Earnings Call: Record Revenue and Strategic Growth
- Shake Shack: Buy Rating Affirmed Amid Growth Potential and Menu Innovations
- Shake Shack price target raised to $102 from $100 at Barclays
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