Chipotle price target raised to $2,292 from $2,260 at Citi

Citi raised the firm’s price target on Chipotle to $2,292 from $2,260 and keeps a Buy rating on the shares post the Q3 report. The firm says another solid print and outlook should assuage any near-term investor concerns regarding customers pulling back on visits to and spend at Chipotle in the context of mixed consumer macro signals. The analyst continues to recommend investors “own this share taker.”