UPDATE: Raymond James Upgrades Chipotle Mexican Grill (CMG) to Strong Buy, Sees Higher Menu Pricing Likely Sticking

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Go back to UPDATE: Raymond James Upgrades Chipotle Mexican Grill (CMG) to Strong Buy, Sees Higher Menu Pricing Likely Sticking

UPDATE: Chipotle Mexican Grill (CMG) PT Lowered to $1,720 at Wells Fargo on Self Created Margin Pressure

June 14, 2021 6:46 AM EDT

(Updated - June 14, 2021 6:56 AM EDT)

Wells Fargo analyst Jon Tower lowered the price target on Chipotle Mexican Grill (NYSE: CMG) to $1,720.00 (from $1,818.00) on the belief that margins will be pressured as management prioritizes customer experience.

The analyst reiterated ab Overweight rating stating... More