11:55 AM EDT, 06/05/2025 (MT Newswires) -- CFRA, an independent research provider, has provided MT Newswires with the following research alert. Analysts at CFRA have summarized their opinion as follows:

We raise our 12-month target price by $25 to $145, applying an EV/EBITDA multiple of 25x to our 2026 estimate, in line with its three-year historical average multiple. We raise our 2025 EPS estimate to $1.51 from $1.50 and raise our 2026 EPS estimate to $2.03 from $1.86. SHAK reaffirmed its 2025 guidance and its three-year financial targets at Baird's 2025 Global Consumer, Technology & Services Conference, which was encouraging given softer comp growth in Q1 and potential tariff impacts on beef, paper, and labor costs. Management expects 50 bps of EBITDA margin expansion per year through 2025. We think there is upside to this target, driven by improved supply chain efficiency, labor productivity, marketing leverage, and durable comp growth. Management anticipates low-single digit comp growth through 2027, supported by balanced contributions from pricing, mix improvements, and traffic gains. We reiterate our Buy rating, citing SHAK's strengthening profitability and growth prospects under new leadership.