Baird Maintains Outperform on Chipotle Mexican Grill, Raises Price Target to $74
Portfolio Pulse from Benzinga Newsdesk
Baird analyst David Tarantino maintains an Outperform rating on Chipotle Mexican Grill (NYSE:CMG) and raises the price target from $70 to $74.
June 27, 2024 | 11:44 am
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Baird analyst David Tarantino has maintained an Outperform rating on Chipotle Mexican Grill and increased the price target from $70 to $74.
The increase in the price target from $70 to $74 by a reputable analyst suggests a positive outlook for Chipotle Mexican Grill. This is likely to boost investor confidence and could lead to a short-term increase in the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100