Telsey Advisory initiated coverage of Chipotle Mexican Grill (CMG) stock with an “Outperform” rating and $50 price target on January 9, expecting improved consumer spending in 2026. Truist raised the price target to $50 from $45, citing temporary tailwinds from tax refunds and favorable weather, but also noting headwinds like slowing job growth and commodity inflation.

Chipotle Mexican Grill, Inc. (NYSE: CMG) operates Chipotle Mexican Grill restaurants, with analysts acknowledging its investment potential. However, they believe certain AI stocks offer greater upside potential and lower downside risk. For those interested, check out their free report on the best short-term AI stock.

In a recent update, Truist raised Chipotle Mexican Grill, Inc. (NYSE: CMG) stock price target to $50 from $45, maintaining a “Buy” rating. Analysts expect mixed 2026 outlook for the restaurant industry, with temporary tailwinds from tax refunds and favorable weather, but also headwinds like slowing job growth and commodity inflation.

Read more at Yahoo Finance: Telsey Advisory Initiates Coverage of Chipotle Mexican Grill (CMG) Stock With Outperform Rating