TD Cowen analyst Andrew Charles raised the firm’s price target on Chipotle (CMG) to $68 from $65 and keeps a Buy rating on the shares. The firm raised its estimates and believes 4Q same store sales guidance for 5%-5.5% looks achievable with a potential price increase presenting contingency.

Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>

See today’s best-performing stocks on TipRanks >>

Read More on CMG:

• Chipotle price target raised to $60 from $59 at Piper Sandler

• Chipotle price target raised to $70 from $62 at Baird

• Chipotle price target lowered to $65 from $66 at Stephens

• Chipotle price target lowered to $70 from $71 at Citi

• Chipotle Reports Strong Q3 2024 Growth