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Vetr Downgrades Shake Shack To 2.5 Stars

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The value of Shake Shack Inc. (NYSE: SHAK) shares are down just over 1 percent year-to-date, and the Vetr community is bearish on the company's outlook. This is evidenced by the community’s downgrade of Shake Shack from 3 to 2.5 stars.

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The company, which is is trading just over $39.00, has also been given a sell rating and a $37.50 price target from Vetr members. This price target is slightly more bearish than the $39.41 price target given by professional analysts.

About 43 percent of Vetr raters are currently bullish on Shake Shack.

See Vetr’s full analysis on Shake Shack here.

Latest Ratings for SHAK

DateFirmActionFromTo
Dec 2017Morgan StanleyUpgradesUnderweightEqual-Weight
Nov 2017BarclaysMaintainsEqual-Weight
Nov 2017Morgan StanleyMaintainsUnderweight

View More Analyst Ratings for SHAK
View the Latest Analyst Ratings

Posted-In: VetrAnalyst Color Crowdsourcing Opinion Analyst Ratings General

 

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