Piper Sandler Maintains Neutral on Chipotle Mexican Grill, Lowers Price Target to $60
Portfolio Pulse from Benzinga Newsdesk
Piper Sandler analyst Brian Mullan maintains a Neutral rating on Chipotle Mexican Grill (NYSE:CMG) and lowers the price target from $61.4 to $60.

July 16, 2024 | 5:48 pm
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Piper Sandler analyst Brian Mullan maintains a Neutral rating on Chipotle Mexican Grill and lowers the price target from $61.4 to $60.
The lowered price target from $61.4 to $60 suggests a slightly more pessimistic outlook on Chipotle's stock performance. This could lead to a short-term negative impact on the stock price as investors may adjust their expectations accordingly.
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