Loop Capital Maintains Hold on Chipotle Mexican Grill, Lowers Price Target to $53
Portfolio Pulse from Benzinga Newsdesk
Loop Capital analyst Alton Stump maintains a Hold rating on Chipotle Mexican Grill (NYSE:CMG) and lowers the price target from $58 to $53.
July 25, 2024 | 4:47 pm
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Loop Capital analyst Alton Stump maintains a Hold rating on Chipotle Mexican Grill (NYSE:CMG) and lowers the price target from $58 to $53.
The lowered price target from $58 to $53 by Loop Capital 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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