Shake Shack price target raised to $125 from $115 at Barclays
The Fly

Shake Shack price target raised to $125 from $115 at Barclays

Barclays raised the firm’s price target on Shake Shack (SHAK) to $125 from $115 and keeps an Equal Weight rating on the shares. The company’s Q3 was better than expected top to bottom, similar to Q2, and momentum continued into October, the analyst tells investors in a research note.

Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App