Telsey Advisory Initiates Coverage of Chipotle Mexican Grill (CMG) Stock With Outperform Rating

It expects marginal betterment successful edifice trends, with user spending benefiting from accrued taxation refunds arsenic good arsenic reduced rates. Furthermore, the expert believes that the company-specific initiatives are besides expected to substance growth.

In a antithetic update, connected January 8, Truist lifted the terms people connected Chipotle Mexican Grill, Inc. (NYSE:CMG)’s banal to $50 from $45, portion keeping a “Buy” rating. The expert believes that aft the pugnacious twelvemonth for restaurants, the 2026 outlook remains mixed, with impermanent tailwinds from taxation refunds arsenic good arsenic favorable weather. That being said, the expert besides believes that slowing occupation growth, user confidence, and commodity inflation are immoderate of the headwinds.

Chipotle Mexican Grill, Inc. (NYSE:CMG) owns and operates Chipotle Mexican Grill restaurants.

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