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Shake Shack: Credit Suisse Initiated an ‘Outperform’ Rating

Rajiv Nanjapla
Shake Shack: Credit Suisse Initiated an ‘Outperform’ Rating

On June 25, Credit Suisse initiated its coverage on Shake Shack with an “outperform” rating and a target price of $77—an upside potential of 15.4% from its closing price of $66.72 on June 24.