- Wedbush lifts Chipotle (NYSE:CMG) to an Outperform rating from Neutral.
- The firm sees Chipotle establishing a "digital moat" that could lead to a run of high single-digit comparable sales for several years.
- Wedbush hikes its price target to $980 vs. $780 prior and the sell-side average PT of $772.27.
- Shares of CMG are up 1.00% premarket to $844.68.
Chipotle +1% after Wedbush upgrade
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About CMG Stock
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Symbol | Last Price | % Chg |
---|---|---|
CMG | - | - |
Chipotle Mexican Grill, Inc. |