Morgan Stanley Maintains Equal-Weight on Chipotle Mexican Grill, Lowers Price Target to $2010
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley analyst John Glass has maintained an Equal-Weight rating on Chipotle Mexican Grill (NYSE:CMG) and lowered the price target from $2025 to $2010.
July 27, 2023 | 3:59 pm
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NEGATIVE IMPACT
Morgan Stanley has maintained an Equal-Weight rating on Chipotle Mexican Grill and lowered the price target from $2025 to $2010.
The lowering of the price target by Morgan Stanley could potentially lead to a negative sentiment among investors, which may put downward pressure on the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100