Truist Reaffirms Buy Rating on Chipotle Following …
From Financial Modeling Prep.: 2024-11-12 07:31:00
Truist Securities analysts reaffirmed a Buy rating and $72.00 price target for Chipotle Mexican Grill (NYSE:CMG) after Scott Boatwright was named permanent CEO. Known for operational focus, Chipotle’s recent success is attributed to seasonal menu changes, digital sales growth, and effective marketing. Boatwright’s operational expertise from Arby’s is seen as a positive for Chipotle’s future.
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