Shake Shack Stock Upgraded on Valuation, Sales Growth

Group 1 - Shake Shack Inc (NYSE:SHAK) stock has increased by 2% to $89.89 following an upgrade from Loop Capital to "buy" from "hold," with a price target set at $127, indicating a potential upside of 40% due to attractive valuation and sales growth [1] - The majority of firms are currently bearish on Shake Shack, with 12 out of 20 firms rating it as "hold" or worse, and short interest has risen by 7% over the past month, accounting for 10.7% of the stock's available float [2] - Shake Shack's stock has declined over 30% year-to-date, but it may experience its first daily gain in three sessions, testing a ceiling at the 20-day moving average after previously falling below this trendline [3] Group 2 - The stock's 50-day call/put volume ratio of 1.49 ranks in the 82nd percentile of annual readings, indicating that options traders are significantly more bullish than usual [4]