investing

Shake Shack

Analysts RBC Capital Markets initiated coverage of Shake Shack (SHAK) with an outperform rating and a price target of $89, indicating a potential 28% upside

RBC Capital Markets has initiated coverage of Shake Shack with an outperform rating and a price target of $89, suggesting a potential 28% upside as the company is positioned for a turnaround amid improving operational strategies.