---
title: "Keybanc maintains Chipotle Mexican Grill at Overweight, lowers price target to $40 from $42"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/303579270.md"
description: "Keybanc maintained its Overweight rating on Chipotle Mexican Grill but lowered its price target from $42 to $40. This adjustment reflects a 4.8% decrease, implying a 39.2% upside from the October 28 close of $28.73. Recent analyst actions show price targets ranging from $32 to $45 over the past month."
datetime: "2026-10-29T13:28:45.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/303579270.md)
  - [en](https://longbridge.com/en/news/303579270.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/303579270.md)
generator: "portal-rs"
---

# Keybanc maintains Chipotle Mexican Grill at Overweight, lowers price target to $40 from $42

Keybanc maintained Chipotle Mexican Grill at Overweight and lowered its price target to $40 from $42, a 4.8% decrease.

The price target implies an upside of 39.2% from the Oct 28 close of $28.73.

**Recent analyst actions on Chipotle Mexican Grill**

| Date   | Firm                    | Action     | Rating       | Price target |
| ------ | ----------------------- | ---------- | ------------ | ------------ |
| Oct 29 | Stephens & Co.          | Reiterates | Equal-Weight | $38          |
| Oct 29 | TD Cowen                | Reiterates | Hold         | $32          |
| Oct 29 | Freedom Capital Markets | Maintains  | Hold         | $35          |
| Oct 29 | BTIG                    | Reiterates | Buy          | $45          |
| Oct 23 | Evercore ISI Group      | Maintains  | Outperform   | $40          |

Across the five most recent analyst notes published on Chipotle Mexican Grill over the past 30 days, price targets range from $32 to $45.

Explore more price target data and ratings for Chipotle Mexican Grill on the , and track all previous and future analyst recommendations in the dedicated News Flow.

**Disclaimer**

Select reference data provided by Benzinga. This information is not a recommendation for what you should do personally and does not constitute investment advice.

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## Related News & Research

- [Mirae Asset Global Investments Co. Ltd. Makes New Investment in Chipotle Mexican Grill, Inc. $CMG](https://longbridge.com/en/news/304429982.md)
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> **Disclaimer: This article is for reference only and does not constitute any investment advice.**