Stephens & Co. Maintains Overweight on Chipotle Mexican Grill, Raises Price Target to $2400
Portfolio Pulse from richadhand@benzinga.com
Stephens & Co. analyst Joshua Long maintains an Overweight rating on Chipotle Mexican Grill (NYSE:CMG) and raises the price target from $2280 to $2400.
July 14, 2023 | 2:13 pm
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POSITIVE IMPACT
Stephens & Co. maintains an Overweight rating on Chipotle Mexican Grill and raises the price target from $2280 to $2400, indicating a positive outlook for the stock.
The raised price target by Stephens & Co. indicates their belief in the company's strong future performance. This could lead to increased investor confidence and potentially a rise in the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100