Baird lowered the firm’s price target on Shake Shack (SHAK) to $132 from $145 and keeps a Neutral rating on the shares. The firm updated its model following Q4 results.
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Read More on SHAK:
- Shake Shack price target raised to $125 from $115 at Wedbush
- Shake Shack’s Strategic Resilience and Growth: Justifying a Buy Rating with a $140 Price Target
- Shake Shack Reports Robust 2024 Growth and Expansion
- Shake Shack’s Stable Outlook Amid Strategic Initiatives: Hold Rating Maintained
- Cautious Outlook for Shake Shack Amidst Promising Sales and Strategic Challenges