Piper Sandler Maintains Neutral on Chipotle Mexican Grill, Raises Price Target to $59
Portfolio Pulse from Benzinga Newsdesk
Piper Sandler analyst Brian Mullan maintains a Neutral rating on Chipotle Mexican Grill (NYSE:CMG) and raises the price target from $56 to $59.
October 11, 2024 | 11:26 am
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Piper Sandler has maintained a Neutral rating on Chipotle Mexican Grill but increased the price target from $56 to $59, indicating a slightly more positive outlook.
The increase in price target suggests a slightly more optimistic view on Chipotle's future performance, which could positively influence investor sentiment in the short term. However, the Neutral rating indicates no strong buy or sell recommendation.
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