Chipotle lifts annual sales forecast as customer traffic holds up despite uncertainties

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Chipotle Mexican Grill (CMG) PT Raised to $3,350 at BTIG

April 25, 2024 5:41 AM EDT

BTIG analyst Peter Saleh raised the price target on Chipotle Mexican Grill (NYSE: CMG) to $3,350.00 (from $3,250.00) while maintaining a Buy rating.

The analyst comments "We reiterate our Buy rating on Chipotle shares and raise our price target to $3,350 from $3,250 following another stellar... More

Chipotle Mexican Grill (CMG) PT Raised to $3,300 at Wells Fargo

April 25, 2024 5:24 AM EDT

Wells Fargo analyst Jon Tower raised the price target on Chipotle Mexican Grill (NYSE: CMG) to $3,300.00 (from $3,285.00) while maintaining a Overweight rating.

The analyst comments "While Q1 upside was anticipated, CMG beat in style w/ a +7% comp (5.4%+ traffic), 100bps+ of... More

Chipotle Mexican Grill (CMG) PT Raised to $3,600 at Evercore ISI, 'A Value Winner'

April 25, 2024 5:06 AM EDT

Evercore ISI analyst David Palmer raised the price target on Chipotle Mexican Grill (NYSE: CMG) to $3,600.00 (from $3,200.00) while maintaining a Outperform rating.

The analyst comments "A value winner; Increasing our target to $3,600 with higher SSS and EPS estimates: We are raising our 2024 SSS growth... More

Chipotle Mexican Grill (CMG) PT Raised to $2,850 at BMO Capital

April 25, 2024 5:04 AM EDT

BMO Capital analyst Andrew Strelzik raised the price target on Chipotle Mexican Grill (NYSE: CMG) to $2,850.00 (from $2,400.00) while maintaining a Market Perform rating.

The analyst comments "CMG's business momentum remains robust. 1Q24 EPS of $13.37 exceeded consensus by $1.68 driven by stronger comps (including MSD... More