BTIG Maintains Buy on Shake Shack, Raises Price Target to $65
BTIG analyst Peter Saleh maintains Shake Shack (NYSE:SHAK) with a Buy and raises the price target from $60 to $65.
Shake Shack Posts Q4 Earnings Above Street View
Shake Shack Inc (NYSE:SHAK) reported fourth-quarter FY22 sales growth of 17.4% year-on-year to $238.53 million, beating the consensus of $238.23 million.…
Earnings Scheduled For February 16, 2023
Companies Reporting Before The Bell
• RELX (NYSE:RELX) is estimated to report earnings for its Fiscal Year 2022.
• Coca-Cola Europacific (NASDAQ:CCEP) is expected to report earnings for its Fiscal Year 2022.
Raymond James Sees Mixed Q4 Earnings Signals For US Restaurant Stocks
Raymond James analyst Brian M. Vaccaro thinks most restaurant stocks have strongly outperformed YTD due to a combination of the broader risk-on trade gaining traction and improved industry demand trends in January following softer trends in December.
Benzinga’s Top Ratings Upgrades, Downgrades For January 17, 2023
Upgrades For Casa Systems Inc (NASDAQ:CASA), Northland Capital Markets upgraded the previous rating of Market Perform to Outperform.…
Wall Street Journal Reported Wednesday, Subway Retained Advisors To Explore Potential Sale; Sandwich Chain Could Be Valued At More Than $10B
https://www.wsj.com/articles/subway-explores-sale-that-could-value-sandwich-chain-at-more-than-10-billion-11673480236?mod=hp_lead_pos4
Barclays Maintains Equal-Weight on Shake Shack, Lowers Price Target to $42
Barclays analyst Jeffrey Bernstein maintains Shake Shack (NYSE:SHAK) with a Equal-Weight and lowers the price target from $46 to $42.
Analyst Hopes For 2023 Margin Recovery In US Restaurants
Wedbush analyst Nick Setyan has put forth the sector overview and 2023 outlook for U.S. restaurants.
The analyst said, for the most part, share prices of restaurants increased even as 2023 estimates declined.
Expert Ratings for Shake Shack
Within the last quarter, Shake Shack (NYSE:SHAK) has observed the following analyst ratings: Bullish Somewhat Bullish Indifferent Somewhat…
Benzinga’s Top Ratings Upgrades, Downgrades For December 21, 2022
Upgrades For PagSeguro Digital Ltd (NYSE:PAGS), New Street Research upgraded the previous rating of Neutral to Buy. In…