Wedbush Reiterates Outperform on Chipotle Mexican Grill, Maintains $2200 Price Target
Portfolio Pulse from Benzinga Newsdesk
Wedbush analyst Nick Setyan has reiterated an Outperform rating on Chipotle Mexican Grill (NYSE:CMG) and maintained a price target of $2200.
October 20, 2023 | 10:11 am
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Wedbush analyst has reiterated an Outperform rating on Chipotle Mexican Grill and maintained a price target of $2200.
The reiteration of an Outperform rating and a high price target by a reputable analyst like Nick Setyan from Wedbush indicates strong confidence in the company's performance. This could potentially attract more investors, driving the stock price up in the short term.
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