Morgan Stanley Maintains Equal-Weight on Chipotle Mexican Grill, Raises Price Target to $2986
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley analyst Brian Harbour maintains an Equal-Weight rating on Chipotle Mexican Grill (CMG) and raises the price target from $2500 to $2986.
April 12, 2024 | 5:17 pm
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Morgan Stanley maintains an Equal-Weight rating on Chipotle Mexican Grill and raises the price target from $2500 to $2986.
The increase in price target by Morgan Stanley reflects a positive outlook on Chipotle Mexican Grill's stock, suggesting potential upside. This could lead to increased investor confidence and a short-term positive impact on the stock price.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100