Citigroup Maintains Buy on Chipotle Mexican Grill, Lowers Price Target to $69
Portfolio Pulse from Benzinga Newsdesk
Citigroup analyst Jon Tower maintains a Buy rating on Chipotle Mexican Grill (NYSE:CMG) but lowers the price target from $71 to $69.

July 25, 2024 | 5:44 pm
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Citigroup analyst Jon Tower maintains a Buy rating on Chipotle Mexican Grill but lowers the price target from $71 to $69.
The Buy 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