This Is What Whales Are Betting On Chipotle Mexican Grill
Portfolio Pulse from Benzinga Insights
A significant number of investors have taken a bearish stance on Chipotle Mexican Grill (NYSE:CMG), with 64% of detected trades being bearish. The price range targeted by these investors over the last 3 months is $1500.0 to $2200.0. The current price of CMG is $1957.0, up 2.33%. Analysts from Morgan Stanley, Wedbush, Truist Securities, TD Cowen, and Keybanc have given their ratings and price targets for CMG.
July 31, 2023 | 2:47 pm
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Bearish sentiment detected in Chipotle Mexican Grill trades. The price range targeted by these investors over the last 3 months is $1500.0 to $2200.0. The current price of CMG is $1957.0, up 2.33%. Analysts have given their ratings and price targets.
The bearish sentiment detected in the trades and the price range targeted by investors suggest a potential decrease in the stock price. However, the current price is up and analysts have given their ratings and price targets, which could influence the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100