Shake Shack pullback creates compelling entry point, says Raymond James

The recent pullback in Shake Shack (SHAK) shares following the Q2 results creates a compelling entry point, Raymond James tells investors in a research note. The firm, which has a Strong Buy rating on the shares, says company-specific comp drivers can sustain solidly positive comps, and sees further upside on margins driven by new processes, equipment, and increased accountability and focus across the organization.