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Jefferies Group raised their price target on Shake Shack from $40.00 to $60.00 and gave the company a “hold” rating in a report on Thursday, May 14th. Shake Shack has a 12 month low of $38.63 and a 12 month high of $96.75. Shake Shack now has an average rating of Hold...

The burger chain based in New York Metropolis says it now expects gross sales at places open no less than 24 months to rise within the mid- to high-single digit proportion for the yr. That is up from the earlier forecast of a rise within the low- to mid-single digit proportion.

But Wendy’s has 95 times as many stores, and 12 times Shake Shack’s annual sales, according to Nation’s Restaurant News. Goldman Sachs lowered Shake Shack from a “neutral” rating to a “sell” rating and set a $37.00 price target for the...

Shake Shack (NYSE:SHAK) has been given an average recommendation of “Hold” by the nine brokerages that are covering the company, Analyst Ratings Network.com reports. Shake Shack on Monday, August 10, 2015 said that price hikes and the return of its crinkle-cut French...

Yet impressive as they are, these metrics aren’t even the most important in Shake Shack’s earnings report.

The firm now has a $82.27 price objective on the stock.

“While a powerful emerging brand executing on all its early commitments to its investors, [the] stock is overpriced, in our view, potentially reflecting both technical market dynamics as well as “brand”-related optimism that is not supported by...