Chipotle Mexican Grill (CMG) Tops Q2 EPS by 21c, Revenues Beat

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Chipotle Mexican Grill (CMG) PT Raised to $1,400 at Cowen

July 23, 2020 6:29 AM EDT

Cowen analyst Andrew Charles raised the price target on Chipotle Mexican Grill (NYSE: CMG) to $1,400.00 (from $1,215.00) while maintaining an Outperform rating following results.

The analyst commented, "In our view, the pandemic is strengthening the digital, loyalty and social responsibility components of CMG's... More