On February 21, a Truist Securities analyst raised the price target on Shake Shack Inc. (NYSE:SHAK) from $143 to $154 while maintaining a Buy rating. As the basis of his bullish stance, the analyst pointed to the company's strong Q4 earnings, better-than-expected Q1 comparable sales guidance, and an upward revision in FY25 adjusted EBITDA outlook. He believes that despite challenges like weather disruptions, wildfires, and a tough macro environment, the company's continued same-store sales momentum reflects its strong market position.