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 69% of detected trades showing bearish expectations. The price target range for the company over the last three months has been $1700.0 to $3000.0. Several financial institutions have maintained or downgraded their ratings on the company, with price targets ranging from $2070 to $2375. The company's stock price is currently up 0.35% at $2042.47.

November 03, 2023 | 7:15 pm
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Bearish sentiment among investors and downgraded ratings from financial institutions may impact Chipotle Mexican Grill's stock negatively in the short term. However, the stock is currently up 0.35% at $2042.47.
The bearish sentiment among investors and downgraded ratings from financial institutions indicate a potential negative impact on the company's stock. However, the current increase in the stock price shows some positive sentiment in the market.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100