Reported 1 day ago
Morgan Stanley analyst Brian Harbour has reaffirmed a 'Buy' rating on Chipotle Mexican Grill (CMG), citing the company's strong growth potential within the restaurant industry. Despite short-term demand fluctuations, Chipotle is set to open 315-345 new locations in 2025, enhancing its market presence. The company's focus on quality and service speed, along with strategic expansions like Chipotlane, positions it well for long-term success.
Source: YAHOO