Shake Shack's delayed restaurant openings weigh on revenue growth
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Cowen Remains Sidelined on Shake Shack (SHAK) Following 2Q
August 3, 2018 7:30 AM EDTCowen reiterated a Market Perform rating and $59.00 price target on Shake Shack (NYSE: SHAK) following the company's 2Q release. Shake Shack reported 2Q adjusted EPS of $0.29, ahead of $0.18 consensus. Management seemed encouraged by traction with digital and delivery, though the company remains mum on... More
Shake Shack (SHAK) PT Maintained at $62 at Piper Jaffray on 2Q Report; 'Operating Results Stronger-Than-Expected'
August 3, 2018 6:28 AM EDTPiper Jaffray maintained its price target on Shake Shack (NYSE: SHAK) at $62.00 while maintaining a Overweight rating, following the company's second quarter earnings report.
Analyst Nicole Miller Regan notes a positive outlook on the SHAK fundamentals and growth pipeline moving forward, as the... More
