Morgan Stanley Maintains Equal-Weight on Chipotle Mexican Grill, Raises Price Target to $3100
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 $2986 to $3100.

April 25, 2024 | 5:24 pm
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
Morgan Stanley maintains an Equal-Weight rating on Chipotle Mexican Grill and raises the price target from $2986 to $3100.
The increase in price target by Morgan Stanley suggests a positive outlook on the stock's future performance, potentially leading to a short-term increase in stock price. The Equal-Weight rating indicates that the stock is expected to perform in line with the market or sector, but the raised target price could be seen as a sign of confidence from the analyst, possibly influencing investor sentiment positively.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100