Shake Shack price target raised to $92 from $74 at Barclays

Barclays raised the firm’s price target on Shake Shack to $92 from $74 and keeps an Equal Weight rating on the shares. The company’s Q4 was better than expected “top to bottom,” the analyst tells investors in a research note. The firm says that importantly, Shake Shack’s comp accelerated through Q4 and other than tough January weather and compares, February reverting back to the Q4 strength.