Chipotle shares rise as analyst says prices hikes have started

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Go back to Chipotle shares rise as analyst says prices hikes have started

Chipotle Mexican Grill (CMG) PT Raised to $72 at Evercore ISI

December 5, 2024 5:39 AM EST

Evercore ISI analyst David Palmer raised the price target on Chipotle Mexican Grill (NYSE: CMG) to $72.00 (from $70.00) while maintaining a Outperform rating.

The analyst comments "More observations about the price increases so far. The average price increase across items at stores with price increases (Mid-Atlantic... More