JP Morgan Maintains Neutral on Chipotle Mexican Grill, Raises Price Target to $3000
Portfolio Pulse from Benzinga Newsdesk
JP Morgan analyst John Ivankoe maintains a Neutral rating on Chipotle Mexican Grill (NYSE:CMG) but raises the price target from $2750 to $3000.
June 03, 2024 | 2:26 pm
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JP Morgan analyst John Ivankoe maintains a Neutral rating on Chipotle Mexican Grill but raises the price target from $2750 to $3000.
The raised price target from $2750 to $3000 indicates a positive outlook on Chipotle's future performance, which could lead to a short-term increase in stock price despite the Neutral rating.
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IMPORTANCE 80
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