Shake Shack Inc (NYSE:SHAK) shares increased +1.88% in pre-market trading to $80.17. The fast-casual burger chain went public in late January and it quickly became a popular stock choice. Out of the 7 analysts polled by TipRanks, 1 rates SHAK stock a Buy, 6 analysts rate the stock a Hold and 0 recommend a Sell. The 12-month average price target is $51, marking a 35% downside from where the stock is currently trading.
Youku Tudou Inc (ADR) (NYSE:YOKU) shares increased +4.88% to $28.99 in pre-market trading after the Chinese Internet company announced a partnership with Walt Disney to be the exclusive online movie marketing platform in China for its Marvel collection of movies and TV shows. According to TipRanks, two top-ranked analysts currently have a Buy rating on the stock with an average price target of $25, marking a 9.5% downside to where the stock is currently trading. There are no top-ranked analysts with Hold or Sell ratings on the Chinese company at this time.
TubeMogul Inc (NASDAQ:TUBE) shares dropped -7.82% to $15.80 in pre-market trading after the enterprise software platform for digital video advertising announced that it has filed a registration statement for proposed follow-on offering with a Form S-1. According to TipRanks, the four analysts who have open positions on TubeMogul have a 12-month price target average of $21.50. This marks a 25% potential upside from where the stock is currently trading. Four analysts recommend to Buy TUBE while zero recommend Hold or Sell.
Ctrip.com International, Ltd. (ADR) (NASDAQ:CTRP) shares are down -3.22% in pre-market trading to $79 after the Chinese travel company attempted to make an acquisition and was denied. Ctrip made an unsolicited offer to buy Qunar Cayman Islands LTd, another Chinese travel company on May 8. Although the offer was denied, Qunar is open to further discussions with Ctrip and other competitors. Out of the eight analysts polled by TipRanks, all of them have open Buy positions on CTRP. The average 12-month price target between the analysts is $95.71, marking a 17% potential upside from where shares are currently trading.