Baird lowered the firm’s price target on Chipotle (CMG) to $59 from $62 and keeps an Outperform rating on the shares. The firm updated its model following disappointing Q2 results but they see a path to better perfromance in the second half of 2025.
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Read More on CMG:
- Chipotle price target lowered to $57 from $60 at BTIG
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