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Chipotle Serves Up a Price Dip - The Market Is Buying
CMGChipotle Mexican Grill(CMG) MarketBeat·2024-10-31 12:15

Chipotle Mexican Grill TodayCMGChipotle Mexican Grill55.764.73 (7.8255.76 -4.73 (-7.82%) 52-Week Range38.01▼69.26P/ERatio54.62PriceTarget69.26P/E Ratio54.62Price Target64.47Add 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 ...