Raymond James Reiterates Outperform on Chipotle Mexican Grill, Raises Price Target to $3340
Portfolio Pulse from Benzinga Newsdesk
Raymond James analyst Brian Vaccaro has reiterated an Outperform rating on Chipotle Mexican Grill (CMG) and increased the price target from $3300 to $3340.

April 25, 2024 | 3:50 pm
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Raymond James has reiterated an Outperform rating on Chipotle Mexican Grill and raised the price target from $3300 to $3340.
The increase in price target by a reputable analyst like Brian Vaccaro from Raymond James is a strong bullish signal for Chipotle Mexican Grill. Such endorsements often lead to positive investor sentiment and can drive the stock price up in the short term. The specific mention of the stock with an upgraded price target highlights a strong conviction in the company's future performance.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100