Raymond James Reiterates Outperform on Chipotle Mexican Grill, Raises Price Target to $70
Portfolio Pulse from Benzinga Newsdesk
Raymond James analyst Brian Vaccaro has reiterated an Outperform rating on Chipotle Mexican Grill (NYSE:CMG) and raised the price target from $67 to $70.
June 28, 2024 | 2:21 pm
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Raymond James analyst Brian Vaccaro has reiterated an Outperform rating on Chipotle Mexican Grill and raised the price target from $67 to $70.
The reiteration of an Outperform rating and the increase in the price target from $67 to $70 by a reputable analyst is a positive signal for investors. This suggests confidence in the company's future performance, likely leading to a short-term increase in stock price.
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IMPORTANCE 80
RELEVANCE 100