Baird Maintains Outperform on Chipotle Mexican Grill, Raises Price Target to $70
Portfolio Pulse from Benzinga Newsdesk
Baird analyst David Tarantino has maintained an Outperform rating on Chipotle Mexican Grill (NYSE:CMG) and raised the price target from $62 to $70.
October 30, 2024 | 11:23 am
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Baird analyst David Tarantino has maintained an Outperform rating on Chipotle Mexican Grill and increased the price target from $62 to $70, indicating positive expectations for the stock.
The analyst's decision to maintain an Outperform rating and raise the price target suggests a positive outlook for Chipotle's stock. This could lead to increased investor confidence and potentially drive the stock price higher in the short term.
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IMPORTANCE 80
RELEVANCE 100