Wells Fargo Maintains Overweight on Chipotle Mexican Grill, Raises Price Target to $2400
Portfolio Pulse from Benzinga Newsdesk
Wells Fargo analyst Zachary Fadem maintains an Overweight rating on Chipotle Mexican Grill (NYSE:CMG) and raises the price target from $2080 to $2400.
July 19, 2023 | 12:44 pm
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Wells Fargo maintains an Overweight rating on Chipotle Mexican Grill and raises the price target from $2080 to $2400.
The raised price target by Wells Fargo 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