Chipotle Mexican Grill Unusual Options Activity For June 07
Portfolio Pulse from Benzinga Insights
A whale has taken a bullish stance on Chipotle Mexican Grill (NYSE:CMG), with 50% of investors opening trades with bullish expectations and 50% with bearish. Whales have been targeting a price range of $1680 to $2060 for CMG over the last 3 months. TD Cowen maintains an Outperform rating with a price target of $2350, while Argus Research maintains a Buy rating with a price target of $2400.
June 07, 2023 | 4:17 pm
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Whale activity indicates a bullish stance on Chipotle Mexican Grill (NYSE:CMG), with price targets from TD Cowen at $2350 and Argus Research at $2400.
The article highlights a whale taking a bullish stance on Chipotle Mexican Grill, with 50% of investors having bullish expectations. This indicates a potential positive impact on the stock price in the short term. Additionally, both TD Cowen and Argus Research maintain positive ratings and price targets for CMG, further supporting the bullish sentiment.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100