Wedbush Maintains Outperform on Chipotle Mexican Grill, Lowers Price Target to $2200
Portfolio Pulse from richadhand@benzinga.com
Wedbush analyst Nick Setyan has maintained an Outperform rating on Chipotle Mexican Grill (NYSE:CMG) but lowered the price target from $2300 to $2200.

July 27, 2023 | 11:14 am
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Wedbush has maintained an Outperform rating on Chipotle Mexican Grill but lowered the price target from $2300 to $2200.
The news is directly related to Chipotle Mexican Grill. While the Outperform rating is maintained, the lowering of the price target might indicate a slightly less optimistic outlook for the company's stock in the short term. However, the impact is likely to be neutral as the rating remains positive.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100