Chipotle Serves Up a Price Dip - The Market Is Buying
Chipotle Mexican Grill(CMG) MarketBeat·2024-10-31 20:15
Chipotle Mexican Grill TodayCMGChipotle Mexican Grill$55.76 -4.73 (-7.82%) 52-Week Range$38.01▼$69.26P/E Ratio54.62Price Target$64.47Add to WatchlistThe market for Chipotle Mexican Grill NYSE: CMG stock served up a nice dip, and savvy investors are buying. Lackluster results and guidance drove the dip in price action, but the move is entirely sentiment-driven; the results failed to impress relative to the consensus estimates but are still excellent, driving value gains for investors. The initial takeaway i ...