Analysts Remain Positive on Chipotle Despite CEO Departure

Reported 2 months ago

Chipotle's stock faced pressure with the announcement of CEO Brian Niccol's departure to Starbucks, yet analyst Peter Saleh from BTIG stays optimistic about the company's future. Saleh believes Chipotle has a strong brand and potential for growth, expecting many qualified candidates to fill the CEO role. He views the leadership transition as a minor setback, asserting that the business is fundamentally healthy.

Source: YAHOO

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