Chipotle Stock Price Targets Downgraded Following CEO Brian Niccol's Departure

Reported about 2 months ago

Following the exit of CEO Brian Niccol to Starbucks, Chipotle's stock fell by 12%, prompting analysts to revise their price targets downwards, with recommendations varying from cautious to optimistic. While some analysts expressed concerns about his significant impact on Chipotle's past success, others have upgraded the stock based on the capabilities of existing management to sustain business growth.

Source: YAHOO

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