Buy Rating for ( Shak ) Shake Shack #SHAK - Top Stock to Buy 2017 #Stocks2017

Shares of Shake Shack (NYSE:SHAK) are clawing their way out of the doghouse. Wedbush analyst Nick Setyan kicked off this week by upgrading the stock. He's not necessarily bullish. Setyan is just no longer bearish, boosting his rating from underperform to neutral.

The stock has taken a hit since reporting mixed quarterly results earlier this month, but this isn't merely an opportunistic valuation call. Setyan is raising his price target from $30 to $33.Investors keeping an eye on shares of Shake Shack Inc. (NYSE:SHAK) may be analyzing the company’s FCF or Free Cash Flow. FCF is a measure of the financial performance of a company. FCF is calculated by subtracting capital expenditures from operating cash flow. Currently, Shake Shack Inc. A number of other hedge funds and other institutional investors also recently bought and sold shares of the company. Morgan Stanley boosted its stake in shares of Shake Shack by 35.7% in the third quarter. Morgan Stanley now owns 2,110,317 shares of the company’s stock valued at $73,165,000 after buying an additional 554,919 shares during the last quarter. Gilder Gagnon Howe & Co. LLC boosted its stake in shares of Shake Shack by 16.2% in the third quarter. Gilder Gagnon Howe & Co. LLC now owns 2,000,102 shares of the company’s stock valued at $69,344,000 after buying an additional 279,342 shares during the last quarter. Zevenbergen Capital Investments LLC acquired a new stake in shares of Shake Shack during the third quarter valued at approximately $24,073,000. Dimensional Fund Advisors LP boosted its stake in shares of Shake Shack by 4.4% in the fourth quarter. Dimensional Fund Advisors LP now owns 97,555 shares of the company’s stock valued at $3,491,000 after buying an additional 4,092 shares during the last quarter. Finally, Jane Street Group LLC boosted its stake in shares of Shake Shack by 680.3% in the third quarter. Jane Street Group LLC now owns 40,620 shares of the company’s stock valued at $1,408,000 after buying an additional 47,620 shares during the last quarter. Hedge funds and other institutional investors own 93.39% of the company’s stock.

Investors weren't happy to see comps rise by a mere 1.6% during the holiday quarter, resulting in Shake Shack landing at the low end of its earlier outlook for all of 2016. When you're Shake Shack, commanding the "better burger" hype and the lofty valuation that typically accompanies a hot IPO means living up to heightened expectations.Covering equity analysts polled by Zacks Research have a consensus target price of $38.777 on shares of Shake Shack, Inc. (NYSE:SHAK). This estimate may differ from what other benchmark data providers such as First Call have compiled for their target. Analysts may use different methods in order to calculate a future target price for the company. They may use fundamental analysis, technical analysis, or a combination of the two. Currently, the range of target price projections from equity analysts taken into considereation by Zacks Research is $32-$50. The variance in target estimates can be widely different from one analyst to the next. Shake Shack failed to deliver in its latest quarter, but that could still mean big gains for investors nibbling away at the stock at current levels.Long term stock price is set at 55 a share , buy the dips you will be rewarded in the future .