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Analysts Offer Insights on Consumer Cyclical Companies: Shake Shack (SHAK) and PUMA SE NPV (OtherPMMAF)

Tipranks - Fri Feb 27, 3:16PM CST

Analysts fell to the sidelines weighing in on Shake Shack (SHAKResearch Report) and PUMA SE NPV (PMMAFResearch Report) with neutral ratings, indicating that the experts are neither bullish nor bearish on the stocks.

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Shake Shack (SHAK)

TD Cowen analyst Andrew Charles maintained a Hold rating on Shake Shack today and set a price target of $105.00. The company’s shares closed last Thursday at $98.82.

According to TipRanks.com, Charles is a 4-star analyst with an average return of 6.6% and a 49.4% success rate. Charles covers the NA sector, focusing on stocks such as Restaurant Brands International, First Watch Restaurant Group, and Brinker International. ;'>

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Shake Shack with a $108.92 average price target.

See today’s best-performing stocks on TipRanks >>

PUMA SE NPV (PMMAF)

In a report released today, James Grzinic from Jefferies maintained a Hold rating on PUMA SE NPV, with a price target of EUR23.00. The company’s shares closed last Thursday at $29.30.

According to TipRanks.com, Grzinic is ranked #2864 out of 12136 analysts.

Currently, the analyst consensus on PUMA SE NPV is a Moderate Buy with an average price target of $28.97, which is a 2.8% upside from current levels. In a report released today, RBC Capital also maintained a Hold rating on the stock with a EUR20.00 price target.

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