Truist Securities Maintains Buy on Chipotle Mexican Grill, Lowers Price Target to $2230
Portfolio Pulse from Benzinga Newsdesk
Truist Securities analyst Jake Bartlett has maintained a 'Buy' rating on Chipotle Mexican Grill (NYSE:CMG) but lowered the price target from $2310 to $2230.

July 27, 2023 | 7:31 pm
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Truist Securities has maintained a 'Buy' rating on Chipotle Mexican Grill but lowered the price target from $2310 to $2230.
The news is directly related to Chipotle Mexican Grill (CMG). While the 'Buy' rating is maintained, the lowering of the price target might create some uncertainty among investors. However, the overall impact is neutral as the 'Buy' rating indicates that the analyst still sees potential in the stock.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100