Why Shake Shack Inc. Stock Popped Today
Shares of Shake Shack Inc. (NYSE: SHAK) popped as much as 9.5% early Thursday, then settled up 8.1% to set a new two-year high after the fast-casual restaurant chain received a notable analyst upgrade.
More specifically, Morgan Stanley analyst John Glass increased his rating on Shake Shack from "Underweight" to "Equal weight," increasing his per-share price target on the stock from $34 to $41. Shares closed today at $45.15.
IMAGE SOURCE: SHAKE SHACK
Source: Fool.com
Shake Shack Inc. Aktie
57,46 €
1,17 %
Die Shake Shack Inc. Aktie ist im Trend: Deutlich mehr Buy- als Sell-Einschätzungen.
Ein prognostiziertes Kursziel von 99 € für Shake Shack Inc. zeigt ein Potenzial von über 50% im Vergleich zum aktuellen Kurs von 57.46 €.
