Argus Research Maintains Buy on Chipotle Mexican Grill, Raises Price Target to $3888
Portfolio Pulse from Benzinga Newsdesk
Argus Research maintains a Buy rating on Chipotle Mexican Grill (NYSE:CMG) and raises the price target from $3668 to $3888.
June 18, 2024 | 1:35 pm
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Argus Research has maintained its Buy rating on Chipotle Mexican Grill and increased the price target from $3668 to $3888, indicating strong confidence in the company's future performance.
The raised price target and maintained Buy rating from a reputable analyst firm like Argus Research suggest positive sentiment and expected growth for Chipotle Mexican Grill. This is likely to boost investor confidence and drive the stock price up in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100