Analysts Offer Insights on Services Companies: Shake Shack (NYSE: SHAK) and Telos (NASDAQ: TLS)

By Carrie Williams

Companies in the Services sector have received a lot of coverage today as analysts weigh in on Shake Shack (SHAKResearch Report) and Telos (TLSResearch Report).

Shake Shack (SHAK)

In a report released today, Andrew Charles from Cowen & Co. maintained a Hold rating on Shake Shack, with a price target of $83.00. The company’s shares closed last Friday at $86.36, close to its 52-week high of $88.50.

According to TipRanks.com, Charles is a 5-star analyst with an average return of 18.2% and a 68.9% success rate. Charles covers the Services sector, focusing on stocks such as Restaurant Brands International, Jack In The Box, and Domino’s Pizza.

Currently, the analyst consensus on Shake Shack is a Hold with an average price target of $70.85.

See today’s analyst top recommended stocks >>

Telos (TLS)

Telos received a Buy rating and a $26.00 price target from Northland Securities analyst Nehal Chokshi today. The company’s shares closed last Friday at $20.19.

According to TipRanks.com, Chokshi is a 5-star analyst with an average return of 15.7% and a 63.4% success rate. Chokshi covers the Technology sector, focusing on stocks such as Super Micro Computer, Palo Alto Networks, and Avid Technology.

Telos has an analyst consensus of Strong Buy, with a price target consensus of $29.10, implying a 50.8% upside from current levels. In a report released today, BMO Capital also initiated coverage with a Buy rating on the stock with a $24.00 price target.

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