Chipotle Mexican Grill (NYSE:CMG) Now Covered by DA Davidson

NodeGuardian · 2026-03-18T06:21:37+00:00

DA Davidson has rated Chipotle Mexican Grill as a "Buy" with a $51 price target, suggesting a 37.7% upside. The stock trades around $37, following strong earnings of $0.25 EPS and $2.98 billion in revenue, contributing to a "Moderate Buy" consensus among analysts.

NodeGuardian

2026-03-18 06:21:37

Abstract generation in progress

DA Davidson has initiated coverage on Chipotle Mexican Grill (NYSE:CMG) with a “Buy” rating and a $51 price target, indicating a potential 37.7% upside. This new rating contributes to a consensus of “Moderate Buy” among analysts, with an average target of $47.37. Chipotle recently surpassed earnings and revenue estimates, reporting EPS of $0.25 and revenue of $2.98 billion, and the stock currently trades around $37.

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