Viavi Solutions Inc. (VIAV) Forms $9.93 Double Bottom; 6 Analysts Are Bullish Shake Shack Inc. (SHAK) Last Week

Among 13 analysts covering Shake Shack (NYSE:SHAK), 6 have Buy rating, 1 Sell and 6 Hold. Therefore 46% are positive. Shake Shack had 44 analyst reports since August 11, 2015 according to SRatingsIntel. Buckingham Research initiated the shares of SHAK in report on Thursday, June 16 with “Buy” rating. Barclays Capital maintained the stock with “Equal Weight” rating in Tuesday, August 11 report. The rating was maintained by Barclays Capital with “Equal-Weight” on Thursday, November 2. The stock of Shake Shack Inc. (NYSE:SHAK) earned “Market Perform” rating by Cowen & Co on Friday, September 11. The rating was maintained by JP Morgan on Thursday, August 11 with “Neutral”. Morgan Stanley maintained the stock with “Underweight” rating in Thursday, November 2 report. The firm earned “Outperform” rating on Thursday, May 18 by Wedbush. On Thursday, December 7 the stock rating was upgraded by Morgan Stanley to “Equal-Weight”. SunTrust maintained the shares of SHAK in report on Monday, August 21 with “Buy” rating. The stock has “Buy” rating by SunTrust on Wednesday, January 3. See Shake Shack Inc. (NYSE:SHAK) latest ratings:

16/02/2018 Broker: Barclays Capital Rating: Hold New Target: $45.0 Maintain
16/02/2018 Broker: SunTrust Rating: Buy New Target: $54.0 Maintain
15/02/2018 Broker: Jefferies Rating: Sell New Target: $33.0 Maintain
16/01/2018 Broker: Barclays Capital Rating: Hold New Target: $49.0 Maintain
03/01/2018 Broker: SunTrust Rating: Buy New Target: $60.0 Maintain
22/12/2017 Broker: Jefferies Old Rating: Hold New Rating: Underperform Downgrade
07/12/2017 Broker: Morgan Stanley Old Rating: Underweight New Rating: Equal-Weight Old Target: $34 Upgrade
02/11/2017 Broker: Barclays Capital Rating: Equal-Weight Old Target: $34 New Target: $36 Maintain
02/11/2017 Broker: Morgan Stanley Rating: Underweight Old Target: $32 New Target: $34 Maintain
02/11/2017 Broker: Cowen & Co Rating: Hold New Target: $36.0 Maintain

Viavi Solutions Inc. (VIAV) formed double bottom with $9.14 target or 8.00% below today’s $9.93 share price. Viavi Solutions Inc. (VIAV) has $2.24B valuation. The stock increased 2.37% or $0.23 during the last trading session, reaching $9.93. About 2.76M shares traded or 14.65% up from the average. Viavi Solutions Inc. (NASDAQ:VIAV) has risen 77.76% since February 20, 2017 and is uptrending. It has outperformed by 61.06% the S&P500.

Shake Shack Inc. owns, operates, and licenses Shake Shack restaurants in the United States and internationally. The company has market cap of $1.40 billion. Shacks offers hamburgers, hot dogs, crispy chicken, crinkle-cut fries, shakes, frozen custard, beer, shakes, wine, and other products. It currently has negative earnings. As of December 28, 2016, it had 114 Shacks, including 64 domestic company-operated Shacks, 7 domestic licensed Shacks, and 43 international licensed Shacks.

The stock decreased 7.72% or $3.18 during the last trading session, reaching $38.03. About 5.57 million shares traded or 543.76% up from the average. Shake Shack Inc. (NYSE:SHAK) has risen 9.19% since February 20, 2017 and is uptrending. It has underperformed by 7.51% the S&P500.

Among 7 analysts covering Viavi Solutions Inc (NASDAQ:VIAV), 6 have Buy rating, 0 Sell and 1 Hold. Therefore 86% are positive. Viavi Solutions Inc has $12.25 highest and $6 lowest target. $7.54’s average target is -24.07% below currents $9.93 stock price. Viavi Solutions Inc had 13 analyst reports since August 5, 2015 according to SRatingsIntel. RBC Capital Markets downgraded the stock to “Outperform” rating in Monday, August 10 report. The stock of Viavi Solutions Inc. (NASDAQ:VIAV) earned “Outperform” rating by William Blair on Friday, August 14. B. Riley & Co upgraded the stock to “Buy” rating in Wednesday, August 5 report. Craig-Hallum downgraded Viavi Solutions Inc. (NASDAQ:VIAV) rating on Wednesday, August 12. Craig-Hallum has “Buy” rating and $7 target. The firm has “Hold” rating given on Friday, August 14 by Jefferies. The firm has “Buy” rating by UBS given on Thursday, August 13. The firm has “Buy” rating given on Monday, June 6 by M Partners. The firm has “Hold” rating given on Wednesday, August 12 by Craig Hallum. The firm earned “Overweight” rating on Tuesday, October 11 by JP Morgan.