Downgrades Hold Underperform X

SHAK Shake Shack

Jefferies

$120

Downgrades Buy Hold X

SHAK Shake Shack

Loop Capital

$127

Downgrades Buy Neutral X

SHAK Shake Shack

BTIG Research

Initiated Sector Weight X

SHAK Shake Shack

KeyBanc Capital Markets

Downgrades Buy Hold X

SHAK Shake Shack

TD Cowen

$105

Reiterated Outperform X

SHAK Shake Shack

Oppenheimer

$155 $125

Upgrades Hold Buy X

SHAK Shake Shack

Loop Capital

$127

Initiated Equal Weight X

SHAK Shake Shack

Wells Fargo

$95

Upgrades Hold Buy X

SHAK Shake Shack

Gordon Haskett

$154

Upgrades Eq Weight Overweight X

SHAK Shake Shack

Barclays

$125 $159

Downgrades Overweight Neutral X

SHAK Shake Shack

Piper Sandler

$121 $114

Initiated Overweight X

SHAK Shake Shack

CapitalOne

$95

Initiated Buy X

SHAK Shake Shack

Goldman

$110

Reiterated Outperform X

SHAK Shake Shack

Oppenheimer

$108 $120

Upgrades Mkt Perform Outperform X

SHAK Shake Shack

TD Cowen

$91 $125

Upgrades Outperform Strong Buy X

SHAK Shake Shack

Raymond James

$78

Initiated Hold X

SHAK Shake Shack

Deutsche Bank

$62

Initiated Neutral X

SHAK Shake Shack

BofA Securities

$66

Upgrades Neutral Buy X

SHAK Shake Shack

Northcoast

$85

Downgrades Buy Neutral X

SHAK Shake Shack

Northcoast

Upgrades Mkt Perform Outperform X

SHAK Shake Shack

Raymond James

$87

Reiterated Equal-Weight X

SHAK Shake Shack

Morgan Stanley

$63 $68

Resumed Overweight X

SHAK Shake Shack

Piper Sandler

$84

Upgrades Underweight Eq-Weight X

SHAK Shake Shack

Morgan Stanley

$52 $63

Reiterated Neutral X

SHAK Shake Shack

UBS

$62 $66

Reiterated Neutral X

SHAK Shake Shack

Credit Suisse

$63 $69

Downgrades Eq-Weight Underweight X

SHAK Shake Shack

Morgan Stanley

$50 $47

Downgrades Outperform Neutral X

SHAK Shake Shack

Wedbush

Reiterated Buy X

SHAK Shake Shack

BTIG Research

$65 $60

Initiated Hold X

SHAK Shake Shack

Gordon Haskett

$50

Upgrades Underperform Mkt Perform X

SHAK Shake Shack

Raymond James

Upgrades Neutral Buy X

SHAK Shake Shack

Northcoast

$70

Downgrades Buy Neutral X

SHAK Shake Shack

Northcoast

Upgrades Neutral Buy X

SHAK Shake Shack

BTIG Research

$100

Upgrades Neutral Buy X

SHAK Shake Shack

Northcoast

$98

Reiterated Neutral X

SHAK Shake Shack

MKM Partners

$103 $83

Upgrades Hold Buy X

SHAK Shake Shack

Truist

$101 $90

Initiated Hold X

SHAK Shake Shack

Loop Capital

$80

Upgrades Neutral Buy X

SHAK Shake Shack

Goldman

$107 $109

Upgrades Neutral Outperform X

SHAK Shake Shack

Wedbush

$114 $118

Initiated Neutral X

SHAK Shake Shack

Goldman

$107

Reiterated Buy X

SHAK Shake Shack

Loop Capital

$83 $120

Initiated Neutral X

SHAK Shake Shack

MKM Partners

Initiated Buy X

SHAK Shake Shack

Goldman

$95

Initiated Outperform X

SHAK Shake Shack

Credit Suisse

$77

Downgrades Buy Neutral X

SHAK Shake Shack

Longbow

Upgrades Underperform Hold X

SHAK Shake Shack

Jefferies

Upgrades Neutral Buy X

SHAK Shake Shack

Longbow

Downgrades Buy Neutral X

SHAK Shake Shack

Longbow

Downgrades Neutral Underweight X

SHAK Shake Shack

JP Morgan

$49

Reiterated Equal Weight X

SHAK Shake Shack

Barclays

$49 $45

SHAK  Shake Shack, Inc. Class A

Shake Shack Inc. operates roadside burger stands. The Company serves an American menu of burgers, hot dogs, crispy chicken, frozen custard, crinkle cut fries, shakes, beer and wine, among others. The Company's signature items are its all-natural, hormone and antibiotic-free burgers, hot dogs, crispy chicken, crinkle cut fries, shakes and frozen custard. Its menu focuses on food and beverages, crafted from a range of classic American foods. The Company's domestic menu includes a range of signature items, such as the ShackBurger, SmokeShack, Shack-cago Dog, 'Shroom Burger, seasonal frozen custard, hand-spun shakes, concretes, ShackMeister Ale, and Shack Red and Shack White wines. As of December 28, 2016, it had 114 Shacks in 13 countries and 16 states, as well as the District of Columbia. Its burgers are made with a whole-muscle blend of all-natural, hormone and antibiotic-free Angus beef, ground fresh daily, cooked to order and served on a non-genetically modified organism potato bun.