Citigroup Maintains Buy on Chipotle Mexican Grill, Raises Price Target to $3369
Portfolio Pulse from Benzinga Newsdesk
Citigroup analyst Jon Tower has maintained a Buy rating on Chipotle Mexican Grill (CMG) and increased the price target from $3358 to $3369.
April 25, 2024 | 10:27 pm
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Citigroup has reaffirmed its Buy rating on Chipotle Mexican Grill and raised its price target slightly from $3358 to $3369.
The increase in the price target by Citigroup reflects a positive outlook on Chipotle Mexican Grill's stock, suggesting confidence in the company's future performance. This endorsement from a major financial institution could lead to increased investor confidence in CMG, potentially driving up its stock price in the short term.
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IMPORTANCE 80
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