TD Cowen Maintains Outperform on Chipotle Mexican Grill, Raises Price Target to $2350
Portfolio Pulse from richadhand@benzinga.com
TD Cowen analyst Andrew Charles maintains an Outperform rating on Chipotle Mexican Grill (NYSE:CMG) and raises the price target from $2200 to $2350.
May 19, 2023 | 9:47 am
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TD Cowen analyst Andrew Charles maintains an Outperform rating on Chipotle Mexican Grill and raises the price target from $2200 to $2350.
The news of TD Cowen analyst Andrew Charles maintaining an Outperform rating on Chipotle Mexican Grill and raising the price target from $2200 to $2350 is positive for the company's stock. This indicates that the analyst believes the stock will outperform the market and has increased confidence in the company's future performance. This is likely to have a positive impact on the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100