Check Out What Whales Are Doing With CMG
Portfolio Pulse from Benzinga Insights
Deep-pocketed investors have adopted a bearish approach towards Chipotle Mexican Grill (NYSE:CMG), as revealed by Benzinga's options scanner. The majority of the options activity is bearish, with significant trades in both puts and calls. Analysts have mixed ratings on CMG, with target prices ranging from $55 to $70.
August 15, 2024 | 2:01 pm
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Deep-pocketed investors are showing a bearish sentiment towards Chipotle Mexican Grill (NYSE:CMG) with significant options activity. Analysts have mixed ratings, with target prices ranging from $55 to $70.
The majority of the options activity is bearish, indicating that large investors expect the stock price to decline. This sentiment is supported by mixed analyst ratings, with some downgrades and lower target prices.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100