JP Morgan Maintains Neutral on Chipotle Mexican Grill, Raises Price Target to $2050
Portfolio Pulse from Benzinga Newsdesk
JP Morgan analyst John Ivankoe maintains a Neutral rating on Chipotle Mexican Grill (NYSE:CMG) and raises the price target from $2000 to $2050.

July 27, 2023 | 1:50 pm
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NEUTRAL IMPACT
JP Morgan maintains a Neutral rating on Chipotle Mexican Grill and raises the price target from $2000 to $2050.
The news is directly about Chipotle Mexican Grill. JP Morgan's decision to maintain a Neutral rating indicates that they do not expect significant changes in the stock's performance. However, the increase in the price target could be seen as a positive signal, suggesting that the stock might perform slightly better than previously expected.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100