Stephens & Co. Maintains Equal-Weight on Chipotle Mexican Grill, Lowers Price Target to $61
Portfolio Pulse from Benzinga Newsdesk
Stephens & Co. analyst Jim Salera maintains an Equal-Weight rating on Chipotle Mexican Grill (NYSE:CMG) but lowers the price target from $64 to $61.
July 25, 2024 | 11:13 am
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Stephens & Co. analyst Jim Salera maintains an Equal-Weight rating on Chipotle Mexican Grill (NYSE:CMG) but lowers the price target from $64 to $61.
The lowered price target from $64 to $61 by Stephens & Co. suggests a less optimistic outlook for Chipotle Mexican Grill'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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