Why Chipotle Stock Rallied Today
Shares of Chipotle Mexican Grill (NYSE: CMG) rose on Friday, following positive remarks from a respected investment bank's research team.
Image source: The Motley Fool.
Analysts at JPMorgan Chase upgraded Chipotle's stock from neutral to overweight (read: buy). After meeting with CEO Scott Boatwright and chief financial officer Adam Rymer, JPMorgan's team sees the restaurant chain's stock price rising nearly 20% to $35.
Source Fool.com
JPMorgan Chase & Co. Stock
€305.00
-0.050%
The stock is one of the favorites of our community with 50 Buy predictions and 1 Sell predictions.
On the other hand, the target price of 302 € is below the current price of 305.0 € for JPMorgan Chase & Co., so the potential is actually -0.98%.
