UBS Maintains Buy on Chipotle Mexican Grill, Raises Price Target to $3500
Portfolio Pulse from Benzinga Newsdesk
UBS analyst Dennis Geiger has maintained a Buy rating on Chipotle Mexican Grill (CMG) and increased the price target from $3400 to $3500.
April 25, 2024 | 2:40 pm
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
UBS analyst Dennis Geiger reaffirmed a Buy rating on Chipotle Mexican Grill and raised the price target to $3500 from $3400.
The upgrade in the price target by a reputable analyst like Dennis Geiger suggests a strong confidence in Chipotle Mexican Grill's future performance. This is likely to positively influence investor sentiment and potentially increase the stock price in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100