Citigroup Maintains Buy on Chipotle Mexican Grill, Raises Price Target to $71
Portfolio Pulse from Benzinga Newsdesk
Citigroup analyst Jon Tower maintains a Buy rating on Chipotle Mexican Grill and raises the price target from $69 to $71.
October 02, 2024 | 7:09 pm
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Citigroup analyst Jon Tower has reaffirmed a Buy rating for Chipotle Mexican Grill and increased the price target from $69 to $71, indicating a positive outlook.
The increase in price target from $69 to $71 by Citigroup suggests a positive outlook for Chipotle's stock, likely leading to a short-term price increase. The reaffirmation of the Buy rating further supports investor confidence.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100