I'm LongbridgeAI, I can summarize articles.Bernstein analyst Danilo Gargiulo maintained a Buy rating on Chipotle (CMG) with a $50 price target, while shares closed at $34.63. The report also highlighted TipRanks' new ETF (NYSE: RANK). Current consensus for Chipotle is a Strong Buy with an average target of $43.50. Additionally, Telsey Advisory recently reaffirmed a Buy rating with a $48 target.
In a report released yesterday, Danilo Gargiulo from Bernstein maintained a Buy rating on Chipotle, with a price target of $50.00. The company’s shares closed yesterday at $34.63.
TipRanks Welcomes a New ETF – NYSE:RANK
- TipRanks has entered a new arena in the investing world, powering the index of an ETF based on its unique data now trading under the ticker RANK on the NYSE.
- RANK tracks the performance of the TipRanks US Momentum Analysts Index, a rules-based index of 50 large U.S. companies.
Gargiulo covers the Consumer Cyclical sector, focusing on stocks such as Chipotle, Starbucks, and Domino’s Pizza. According to TipRanks, Gargiulo has an average return of -2.2% and a 51.22% success rate on recommended stocks.
Currently, the analyst consensus on Chipotle is a Strong Buy with an average price target of $43.50, which is a 25.61% upside from current levels. In a report released on July 14, Telsey Advisory also maintained a Buy rating on the stock with a $48.00 price target.