Oppenheimer Maintains Outperform on Chipotle Mexican Grill, Lowers Price Target to $2300
Portfolio Pulse from richadhand@benzinga.com
Oppenheimer analyst Brian Bittner has maintained an Outperform rating on Chipotle Mexican Grill (NYSE:CMG) but lowered the price target from $2350 to $2300.
July 27, 2023 | 2:14 pm
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Oppenheimer has maintained an Outperform rating on Chipotle Mexican Grill but lowered the price target from $2350 to $2300.
The news is directly related to Chipotle Mexican Grill (CMG). 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 on the stock price is uncertain as the rating remains positive.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100