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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POSITIVE IMPACT
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.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100