BofA raised the firm’s price target on Shake Shack (SHAK) to $139 from $134 and keeps a Neutral rating on the shares. The firm raised its price targets on several restaurant operators as market multiples have expanded.
Don't Miss Our Christmas Offers:
- Discover the latest stocks recommended by top Wall Street analysts, all in one place with Analyst Top Stocks
- Make smarter investments with weekly expert stock picks from the Smart Investor Newsletter
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on SHAK: