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Loop Capital upgrades Shake Shack's stock to "buy," but analysts warn of cash flow issues.
Loop Capital upgraded Shake Shack's stock from "hold" to "buy," with a target price of $127.00, suggesting a 44% upside.
Shake Shack recently reported Q4 earnings of $0.26 per share, slightly beating estimates, with revenue at $328.68 million.
Despite the positive earnings, analysts caution against buying due to the company's limited cash flow and past growth initiatives resulting in losses.
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