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Mizuho maintains Shake Shack at Outperform, lowers price target to $80 from $90

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Mizuho maintained Shake Shack at Outperform and lowered its price target to $80 from $90, an 11.1% decrease.

The price target implies an upside of 13.5% from the Oct 29 close of $70.51.

Recent analyst actions on Shake Shack

DateFirmActionRatingPrice target
Oct 22UBSMaintainsNeutral$73
Oct 21Wells FargoMaintainsEqual-Weight$70
Oct 15Morgan StanleyMaintainsEqual-Weight$79

Across the three most recent analyst notes published on Shake Shack over the past 30 days, price targets range from $70 to $79.

Explore more price target data and ratings for Shake Shack on the Forecasts tab, and track all previous and future analyst recommendations in the dedicated News Flow.

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