Wedbush Reiterates Outperform on Chipotle Mexican Grill, Maintains $2300 Price Target
Portfolio Pulse from richadhand@benzinga.com
Wedbush analyst Nick Setyan has reiterated an Outperform rating on Chipotle Mexican Grill (NYSE:CMG) and maintained a price target of $2300.

July 19, 2023 | 10:47 am
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POSITIVE IMPACT
Wedbush analyst maintains Outperform rating and $2300 price target on Chipotle Mexican Grill.
The reiteration of an Outperform rating and a high price target by a well-known analyst like Nick Setyan indicates strong confidence in the company's performance. This could potentially lead to an increase in investor confidence and a positive impact on the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100