BofA Lowers Chipotle (CMG) PT to $61, Maintains Buy Rating Despite Restaurant Stock Headwinds
Chipotle Mexican Grill Inc. (NYSE:CMG) is one of the most buzzing stocks to buy with huge upside potential. On October 24, Bank of America lowered the firm’s price target on Chipotle to 64 and kept a Buy rating on the shares. Following a Q2 2025 earnings season that disappointed investors, the firm believes that enthusiasm for restaurant stocks is currently decidedly absent. BofA Lowers Chipotle (CMG) PT to $61, Maintains Buy Rating Despite Restaurant Stock Headwinds This caution has increased ...