Wall Street Says ‘Hold’ for Shake Shack after Strong Earnings
How Much Upside Is Left in Shake Shack’s Stock Price? Of the 11 analysts who follow Shake Shack, 27.3% are favoring a “buy,” 45.5% are favoring a “hold,” and 27.3% are favoring a “sell” recommendation. On May 23, Longbow Research downgraded the stock from “buy” to “neutral.” Alton Stump of Longbow stated that the recent surge in Shake Shack’s stock price raised its valuation multiple.