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Longbow Research Downgrades Shake Shack to ‘Neutral’

Ralph Nathan
Longbow Research Downgrades Shake Shack to ‘Neutral’

Shake Shack Stock Falls after Longbow’s DowngradeLongbow’s downgrade Today, Longbow Research downgraded Shake Shack (SHAK) to “neutral” from “buy” on concerns about its high valuation. However, the equity research company is positive on