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Stephens Affirms ‘Equal Weight’ Rating on Chipotle Mexican Grill Inc. (CMG) amid Menu Improvement
Yahoo Finance· 2025-10-03 08:47
Group 1 - Chipotle Mexican Grill Inc. is considered a strong buy-the-dip stock by analysts, with an 'Equal Weight' rating and a price target of $60 set by Stephens [1][3] - The company is set to launch a new limited-time menu item, Red Chimichurri sauce, starting September 30, which is expected to enhance customer experience and pair well with Carne Asada [2][3] - Analysts believe that the new menu offering could drive growth by attracting more customers, although they note that the company must address economic challenges to improve comparable sales growth [3] Group 2 - Chipotle operates over 3,700 restaurants as of late 2024, focusing on fresh, responsibly sourced ingredients and a digital ordering experience [4]