Stephens & Co. Maintains Overweight on Chipotle Mexican Grill, Raises Price Target to $3000
Portfolio Pulse from Benzinga Newsdesk
Stephens & Co. analyst Joshua Long has maintained an Overweight rating on Chipotle Mexican Grill (CMG) and increased the price target from $2800 to $3000.

February 07, 2024 | 3:29 pm
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Stephens & Co. maintains an Overweight rating on Chipotle Mexican Grill, raising the price target from $2800 to $3000.
The increase in the price target by Stephens & Co. reflects a positive outlook on Chipotle Mexican Grill's future performance. This bullish stance, especially with a significant raise in the price target, is likely to instill confidence among investors and could lead to a short-term increase in the stock price. The Overweight rating further emphasizes the analyst's belief in the stock's potential to outperform.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 100