Reported 5 months ago
Following Chipotle's recent 50-for-1 stock split, analysts are adjusting their price targets to reflect the changes. Jeffrey Bernstein at Barclays updated his target to $58, maintaining a neutral stance, while Brian Mullan at Piper Sandler adjusted his target down slightly to $61. On the other hand, Evercore ISI projected a bullish target of $72. As Chipotle prepares for significant financial updates, analysts are keenly observing how industry trends and competition may influence its sales moving forward.
Source: YAHOO