Stephens & Co. Maintains Equal-Weight on Chipotle Mexican Grill, Raises Price Target to $3050
Portfolio Pulse from Benzinga Newsdesk
Stephens & Co. analyst Jim Salera maintains an Equal-Weight rating on Chipotle Mexican Grill (CMG) and raises the price target from $3010 to $3050.

April 25, 2024 | 10:25 am
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
Chipotle Mexican Grill's price target was raised from $3010 to $3050 by Stephens & Co., maintaining an Equal-Weight rating.
The increase in price target by Stephens & Co. reflects a positive outlook on Chipotle Mexican Grill's stock, suggesting potential upside. The maintenance of an Equal-Weight rating indicates a balanced view on the stock's current valuation. This adjustment is likely to be viewed positively by investors, potentially leading to short-term price appreciation.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100