Robert W. Baird analyst David Tarantino maintained a Buy rating on Chipotle (CMG – Research Report) on May 9. The company's shares closed last Thursday at $1290.04, close to its 52-week low of $1272.00. According to TipRanks.com, Tarantino is a 4-star analyst with an average return of 6.8% and a 54.8% success rate. Tarantino covers the Services sector, focusing on stocks such as Restaurant Brands International, Cheesecake Factory, and BJ's Restaurants. The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Chipotle with a $1859.65 average price target, implying a 47.4% upside from current levels.
https://www.tipranks.com/news/blurbs/robert-w-baird-thinks-chipotles-stock-is-going-to-recover?utm_source=advfn.com&utm_medium=referral
Chipotle Mexican Grill (NYSE:CMG)
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