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Is Shake Shack (NYSE: SHAK) Overpriced?

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July 08, 2015 – Comments (0) | RELATED TICKERS: SHAK

Morgan Stanley analysts gave a big thumbs-down to Shake Shack in a recent client note, saying that the stock is simply overpriced.

While a powerful emerging brand executing on all its early commitments to its investors, [the] stock is overpriced, in our view, potentially reflecting both technical market dynamics as well as 'brand'-related optimism that is not supported by fundamentals.

Morgan Stanley noted three warning factors …

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