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DARK SECRETS: 2 | Vintage Vibes

Wedbush Cuts Price Target On This Fast-Casual Restaurant Chain - Read Why

Wedbush analyst Nick Setyan lowered the price target on Chipotle Mexican Grill Inc (NYSE:CMG) to $1,800 (30% upside) from $2,000 and maintained an Outperform rating on the shares. The analyst noted CMG is poised to see accelerated market share gains in a post-COVID environment, resulting in sustained growth above pre-COVID levels. Setyan said the recent…

Benzinga · Jun 2, 2022

Chipotle Tests Garlic Guajillo Steak In Select Markets

Chipotle Mexican Grill Inc (NYSE:CMG) is testing Garlic Guajillo Steak at 102 participating restaurants in Denver, Indianapolis, and Orange County, California, for a limited time. Chipotle is testing a new steak flavor in select markets following recent menu innovations, including Smoked Brisket and Pollo Asado. Garlic Guajillo Steak features the combination of garlic…

Benzinga · May 2, 2022

Analyzing Chipotle Mexican Grill Inc's Short Interest

Chipotle Mexican Grill Inc's (NYSE:CMG) short percent of float has risen 14.55% since its last report. The company recently reported that it has 678.20 thousand shares sold short, which is 2.44% of all regular shares that are available for trading.

Benzinga · Apr 25, 2022

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Chipotle Mexican Grill Launches $50M Venture Fund

Chipotle Mexican Grill Inc (NYSE:CMG) said it is launching a new venture, Cultivate Next, with an initial size of $50 million. Cultivate Next aims to support Series B stage companies that can accelerate its priorities like running restaurants and amplifying technology and innovation. "We are exploring investments in emerging innovation that will…

Benzinga · Apr 19, 2022

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