Chipotle Mexican Grill (CMG) Misses Q4 EPS by 25c, Comps Rise 5.7%

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Chipotle Mexican Grill (CMG) PT Raised to $1,900 at Cowen

February 3, 2021 6:23 AM EST

Cowen analyst Andrew Charles raised the price target on Chipotle Mexican Grill (NYSE: CMG) to $1,900.00 (from $1,640.00) while maintaining a Outperform rating.

The analyst commented, "4Q results featured several encouraging points, including an acceleration in Jan sales, the upcoming launch of highly-anticipated quesadillas... More