Barclays Maintains Equal-Weight on Chipotle Mexican Grill, Lowers Price Target to $55
Portfolio Pulse from Benzinga Newsdesk
Barclays analyst Jeffrey Bernstein maintains an Equal-Weight rating on Chipotle Mexican Grill (NYSE:CMG) but lowers the price target from $58 to $55.
July 25, 2024 | 12:29 pm
News sentiment analysis
Sort by:
Ascending
NEGATIVE IMPACT
Barclays analyst Jeffrey Bernstein maintains an Equal-Weight rating on Chipotle Mexican Grill (NYSE:CMG) but lowers the price target from $58 to $55.
The lowered price target from $58 to $55 suggests a less optimistic outlook for Chipotle's stock performance, which could lead to a short-term negative impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100