Goldman Sachs Maintains Buy on Chipotle Mexican Grill, Lowers Price Target to $67
Portfolio Pulse from Benzinga Newsdesk
Goldman Sachs analyst Christine Cho maintains a Buy rating on Chipotle Mexican Grill (NYSE:CMG) but lowers the price target from $74.6 to $67.
July 25, 2024 | 3:23 pm
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Goldman Sachs analyst Christine Cho maintains a Buy rating on Chipotle Mexican Grill (NYSE:CMG) but lowers the price target from $74.6 to $67.
The Buy rating suggests continued confidence in CMG's long-term prospects, but the lowered price target indicates some short-term concerns. This mixed signal is likely to result in a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100