Deutsche Bank Initiates Coverage On Chipotle Mexican Grill with Buy Rating, Announces Price Target of $2375
Portfolio Pulse from Benzinga Newsdesk
Deutsche Bank analyst Lauren Silberman has initiated coverage on Chipotle Mexican Grill (NYSE:CMG) with a Buy rating and a price target of $2375.
October 19, 2023 | 9:43 am
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POSITIVE IMPACT
Deutsche Bank has initiated coverage on Chipotle Mexican Grill with a Buy rating and a price target of $2375, which could positively impact the stock's performance.
Analyst ratings and price targets can significantly influence a stock's performance. A Buy rating from a reputable institution like Deutsche Bank indicates a positive outlook for the stock. The high price target of $2375 suggests that the analyst sees significant upside potential, which could attract investors and drive the stock price up in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100