Shake Shack falls after TD Cowen downgrades the restaurant stock on a valuation call

1 month ago 3
Shake Shack New York City

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TD Cowen lowered its rating on Shake Shack (NYSE:SHAK) to Hold from Buy on a call based largely on valuation following the +50% share price rally from its April low.

Analyst Andrew Charles warned on comparable wales risk for the

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