Chipotle Mexican Grill (CMG) witnessed a series of stock movements with multiple decreases before showing signs of recovery. Earnings are projected to grow despite these fluctuations, encouraging both individual and institutional investors like
Arrow Capital Pty Ltd and
Rep. Byron Donalds to take positions. Additionally,
Mariner LLC,
Sagespring Wealth Partners LLC, and
Sterling Capital Management LLC boosted their CMG holdings. However, several firms such as
Invesco Ltd. and
Carroll Investors Inc also sold CMG shares. Despite these varied actions,
Jim Cramer remains optimistic, yet cautions on market heat. Chipotle's price target was reduced by analysts at both
UBS Group and
KeyCorp. The restaurant chain is also set to hire future business leaders in a 'burrito season' hiring push, with a target to hire 20,000 new employees. Finally, despite recent market dips, an interesting player named Aware Super Pty Ltd made a new investment in CMG, while Advisors Services Network LLC and Kane Investment Management increased their CMG stakes.
Chipotle Mexican Grill CMG News Analytics from Mon, 11 Nov 2024 08:00:00 GMT to Sat, 19 Apr 2025 11:51:02 GMT -
Rating 0
- Innovation 2
- Information 6
- Rumor 1
