Citigroup Maintains Buy on Chipotle Mexican Grill, Lowers Price Target to $2260
Portfolio Pulse from Benzinga Newsdesk
Citigroup analyst Jon Tower has maintained a 'Buy' rating on Chipotle Mexican Grill (NYSE:CMG) but lowered the price target from $2391 to $2260.
October 11, 2023 | 4:10 pm
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Citigroup has maintained a 'Buy' rating on Chipotle Mexican Grill but lowered the price target from $2391 to $2260.
While the 'Buy' rating is maintained, the lowering of the price target could indicate a potential slowdown in growth or increased risk. However, as the rating is still 'Buy', the overall impact is neutral in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100