Raymond James Maintains Outperform on Chipotle Mexican Grill, Lowers Price Target to $62.5
Portfolio Pulse from Benzinga Newsdesk
Raymond James analyst Brian Vaccaro maintains an Outperform rating on Chipotle Mexican Grill (NYSE:CMG) but lowers the price target from $70 to $62.5.
July 25, 2024 | 5:08 pm
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NEUTRAL IMPACT
Raymond James analyst Brian Vaccaro maintains an Outperform rating on Chipotle Mexican Grill but lowers the price target from $70 to $62.5.
The Outperform rating suggests continued confidence in CMG's performance, but the lowered price target indicates some caution. This mixed signal is likely to result in a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100