Oppenheimer analyst Brian Bittner raised the firm’s price target on Chipotle to $2,050 from $1,940 and keeps an Outperform rating on the shares. Consistent with the firm’s preview, Chipotle delivered a standout start to 2023 with impressive same-store sales and margin upside driving a major Q1 EPS beat.
Published first on TheFly
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- Chipotle price target raised to $2,050 from $1,900 at Wells Fargo
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- Chipotle price target raised to $2,100 from $1,900 at Raymond James
- Chipotle price target raised to $2,200 from $2,080 at Wedbush
- Chipotle price target raised to $2,175 from $1,825 at BTIG
