Shake Shack rises after Deutsche Bank upgrades stock
ReutersJan 6, 2026 2:49 PM
Shares of fast food chain operator Shake Shack SHAK.N up ~4% at $87.50
Deutsche Bank upgrades stock to "buy" from "hold"; cuts PT to $105 from $115, an upside of 25.7% to stock's last close
Says potential positives like the World Cup in the summer, actual spending plus potential improvement in consumer confidence and higher traffic frame a more optimistic outlook for 2026
13 of 27 brokerages rate stock "buy" or higher, 13 "hold" and 1 "sell" or lower; median PT is $105 — data compiled by LSEG
SHAK fell ~40% in 2025
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