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BTIG Raised Chipotle Mexican Grill’s Target Price

BTIG Raised Chipotle Mexican Grill’s Target Price

On June 4, Peter Saleh of BTIG raised Chipotle Mexican Grill’s (CMG) target price from $460 to $500 and maintained a “buy” rating. The new target price represents a return potential of 12.7% from Chipotle’s current stock price.