Wedbush Upgrades Chipotle Mexican Grill to Outperform, Raises Price Target to $58
Portfolio Pulse from Benzinga Newsdesk
Wedbush analyst Nick Setyan has upgraded Chipotle Mexican Grill (NYSE:CMG) from Neutral to Outperform and raised the price target from $54 to $58.
August 14, 2024 | 10:09 am
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Wedbush analyst Nick Setyan has upgraded Chipotle Mexican Grill from Neutral to Outperform and raised the price target from $54 to $58.
The upgrade from Neutral to Outperform and the raised price target indicate increased confidence in Chipotle's future performance, likely leading to a positive short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100