Keybanc Maintains Overweight on Chipotle Mexican Grill, Raises Price Target to $3400
Portfolio Pulse from Benzinga Newsdesk
Keybanc analyst Eric Gonzalez maintains an Overweight rating on Chipotle Mexican Grill (CMG) and raises the price target from $3250 to $3400.
April 25, 2024 | 4:58 pm
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POSITIVE IMPACT
Keybanc analyst Eric Gonzalez maintains an Overweight rating on Chipotle Mexican Grill and raises the price target from $3250 to $3400.
The upgrade in the price target by a reputable analyst like Eric Gonzalez from Keybanc signals a strong confidence in Chipotle Mexican Grill's future performance. This is likely to be viewed positively by investors, potentially leading to an increase in the stock price in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100