11 min listen
Shake Shack (SHAK) Stock Drops Due To Inflationary Pressures
FromSchwab Network
ratings:
Length:
8 minutes
Released:
Feb 18, 2022
Format:
Podcast episode
Description
The Shake Shack (SHAK) earnings report revealed -$0.11 in EPS and $203.3M in revenue. The SHAK stock price is down over 3% so far today due to inflation pressures weighing on revenues and guidance. Wedbush's Nick Setyan says that they have lowered the Shake Shack price target to $100 and are maintaining an outperform rating. What is the outlook for the company? Lee Bohl provides his take as well.
Released:
Feb 18, 2022
Format:
Podcast episode
Titles in the series (100)
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