Benzinga.com
0
All posts from Benzinga.com
Benzinga.com in Benzinga.com,

What's The Deal With Shake Shack's Valuation?

Shake Shack NYSE:SHAK - What's The Deal With Shake Shack's Valuation?
  • Cowen’s Andrew M. Charles has initiated coverage of Shake Shack with a Market Perform rating and price target of $42.
  • The stock’s premium valuation indicates that investor expectations might be too high and that continuing beat and raise might be priced in.

Charles believes that the sales volumes (AUVs) in the first year are being used by investors to gauge future performance. The premium valuation of the stock...


More