Stifel Maintains Buy on Chipotle Mexican Grill, Raises Price Target to $3270
Portfolio Pulse from Benzinga Newsdesk
Stifel analyst Chris O'Cull has maintained a Buy rating on Chipotle Mexican Grill (CMG) and increased the price target from $2700 to $3270.
April 11, 2024 | 12:52 pm
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POSITIVE IMPACT
Stifel analyst Chris O'Cull reaffirms a Buy rating on Chipotle Mexican Grill and raises the price target to $3270.
The increase in price target by a reputable analyst like Chris O'Cull from Stifel signifies a strong confidence in Chipotle Mexican Grill's future performance. This endorsement is likely to positively influence investor sentiment and could lead to a short-term increase in CMG's stock price.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100