Why Chipotle (CMG) Is Rising Today

By Yahoo! Finance   |   1 month ago
Why Chipotle (CMG) Is Rising Today

Morgan Stanley upgraded Chipotle's shares to Overweight, citing strong demand and potential for growth. The restaurant chain is expected to benefit from automation and new restaurants, maintaining low costs and strong margins. CEO confirmed no price hikes due to tariffs. Stock price target set at $70.

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