A Closer Look at Chipotle Mexican Grill's Options Market Dynamics
Portfolio Pulse from Benzinga Insights
The options market for Chipotle Mexican Grill (NYSE: CMG) shows a bearish sentiment among large investors, with 45% of trades being bearish and 27% bullish. The price target for CMG ranges from $2850 to $3500, with significant options activity noted. Analysts have mixed ratings, with price targets ranging from $3000 to $3520.
June 04, 2024 | 3:16 pm
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NEGATIVE IMPACT
The options market for Chipotle Mexican Grill shows a bearish sentiment with 45% of trades being bearish. Analysts have mixed ratings with price targets ranging from $3000 to $3520.
The majority of options trades are bearish, indicating a negative short-term outlook. Analysts' mixed ratings and price targets suggest uncertainty, but the overall sentiment leans bearish.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100