Piper Sandler Maintains Shake Shack(SHAK.US) With Hold Rating, Maintains Target Price $114
Analysts Conflicted on These Consumer Cyclical Names: Makemytrip (MMYT), Wyndham Hotels & Resorts (WH) and Shake Shack (SHAK)
mcdonald's E. coli incident led to a sharp drop in stock price, while competitor's stock price rose against the trend.
The Centers for Disease Control and Prevention (CDC) in the usa reported an E. coli outbreak related to a McDonald's “Quarter Pounder” hamburger.
McDonald's Quarter Pounder Linked to E.coli
Shake Shack Analyst Ratings
Barclays Maintains Shake Shack(SHAK.US) With Hold Rating, Raises Target Price to $115