Bernstein Keeps Their Buy Rating on Chipotle (CMG)
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
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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.