Morgan Stanley Maintains Equal-Weight on Chipotle Mexican Grill, Raises Price Target to $2025
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley analyst John Glass has maintained an Equal-Weight rating on Chipotle Mexican Grill (NYSE:CMG) and raised the price target from $1910 to $2025.
July 17, 2023 | 1:27 pm
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Morgan Stanley has maintained an Equal-Weight rating on Chipotle Mexican Grill and raised the price target from $1910 to $2025.
The raised price target by Morgan Stanley indicates a positive outlook for Chipotle Mexican Grill. This could potentially lead to an increase in the stock price in the short term as it signals the analyst's confidence in the company's performance.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100