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SHAK

Shake Shack

$76.69 /

+0.615 (+0.81%)

07:22
02/21/20
02/21
07:22
02/21/20
07:22

Shake Shack downgraded to Hold from Buy at SunTrust

SunTrust analyst Jake Bartlett downgraded Shake Shack to Hold from Buy with a price target of $79, down from $82. The analyst believes that the company is "one of the strongest growth and brands" in the restaurant space, but he is concerned about its prospects over the near to medium term, with "unusually low" visibility on its same-store-sales amid the transition to a single-delivery partner. Following a 29% year-to-date run in, Bartlett believes that Shake Shack risk-reward is more balanced.

  • 24

    Feb

SHAK Shake Shack
$76.69 /

+0.615 (+0.81%)

02/21/20 SunTrust
Shake Shack downgraded to Hold from Buy at SunTrust
01/21/20 SunTrust
Shake Shack price target lowered to $82 from $85 at SunTrust
01/15/20 Goldman Sachs
Goldman comforted by Shake Shack presentation, sees 80% share upside
01/09/20
Fly Intel: Top five analyst initiations

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