Chipotle Mexican Grill Unusual Options Activity
Portfolio Pulse from Benzinga Insights
Chipotle Mexican Grill (NYSE:CMG) has seen unusual options activity, with a significant number of bearish positions taken by large investors. This suggests potential volatility in CMG's stock price. Analysts have mixed ratings, with a consensus target price of $63.6.
September 06, 2024 | 3:01 pm
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Chipotle Mexican Grill has experienced unusual options activity, with a notable bearish sentiment among large investors. This could indicate potential short-term volatility in the stock price. Analysts have mixed ratings, with a consensus target price of $63.6.
The unusual options activity, particularly the bearish sentiment from large investors, suggests potential downward pressure on CMG's stock price. The mixed analyst ratings and the consensus target price of $63.6 further indicate uncertainty in the stock's short-term direction.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100