Baird Maintains Outperform on Chipotle Mexican Grill, Lowers Price Target to $62
Portfolio Pulse from Benzinga Newsdesk
Baird analyst David Tarantino maintains an Outperform rating on Chipotle Mexican Grill (NYSE:CMG) but lowers the price target from $74 to $62.
August 14, 2024 | 11:36 am
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Baird analyst David Tarantino maintains an Outperform rating on Chipotle Mexican Grill but lowers the price target from $74 to $62.
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.
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RELEVANCE 100