Piper Sandler Maintains Neutral on Chipotle Mexican Grill, Lowers Price Target to $56
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 to $56.
July 25, 2024 | 12:12 pm
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Piper Sandler analyst Brian Mullan maintains a Neutral rating on Chipotle Mexican Grill (NYSE:CMG) and lowers the price target from $61 to $56.
The lowered price target from $61 to $56 suggests a less optimistic outlook for Chipotle's stock performance. This could lead to a short-term negative impact on the stock price as investors may adjust their expectations accordingly.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100