BMO Capital Maintains Market Perform on Chipotle Mexican Grill, Lowers Price Target to $1925
Portfolio Pulse from richadhand@benzinga.com
BMO Capital analyst Andrew Strelzik has maintained a 'Market Perform' rating on Chipotle Mexican Grill (NYSE:CMG) but lowered the price target from $1950 to $1925.

July 27, 2023 | 2:02 pm
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NEUTRAL IMPACT
BMO Capital has maintained a 'Market Perform' rating on Chipotle Mexican Grill but lowered the price target from $1950 to $1925.
The news is directly related to Chipotle Mexican Grill (CMG). The 'Market Perform' rating suggests that BMO Capital expects the stock to perform in line with the market, indicating a neutral outlook. However, the lowering of the price target could potentially have a negative impact, as it suggests that the analyst sees less upside potential for the stock. The overall impact is likely to be neutral in the short term.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100