What is Wedbush's price target for CMG?

Wedbush's latest stated price target for Chipotle Mexican Grill Inc. (CMG) is $58, from its action on Aug 14, 2024.

What is Wedbush's rating on CMG?

Wedbush rates CMG Outperform, a bullish rating, as of Aug 14, 2024.

When did Wedbush last change its view on CMG?

On Aug 14, 2024, Wedbush upgrades to Outperform from Neutral, price target $54 to $58.

Wedbush CMG price target and rating history

Chipotle Mexican Grill Inc. (CMG) · Consumer Discretionary

Wedbush rates Chipotle Mexican Grill Inc. (CMG) Outperform with a $58 price target, as of its latest action on Aug 14, 2024. It has published 5 rating actions on CMG since September 2021, including 1 upgrade and 1 downgrade. Across 7 firms with a CMG price target in the last 12 months, the median target is $40.

Current rating: Outperform
Price target: $58
Median target, all firms: $40
Actions on CMG: 5

Wedbush price target on CMG

Wedbush price target on CMG, each point a stated target, September 2021 to August 2024. Targets before August 2024 (divided by 44) are adjusted for a stock split, going by the prior target Wedbush restated.

Every Wedbush rating on CMG

Aug 14, 2024
UpgradeWedbush upgrades to Outperform from Neutral, price target $54 to $58
Dec 21, 2023
DowngradeWedbush downgrades to Neutral from Outperform, price target $2,400
Jun 21, 2023
ReiterateWedbush raises its price target to $2,300 from $2,200, keeps Outperform
Oct 22, 2021
ReiterateWedbush cuts its price target to $2,000 from $2,150, keeps Outperform
Sep 7, 2021
ReiterateWedbush raises its price target to $2,150 from $1,800, keeps Outperform

How other firms rate CMG

Each firm's latest rating and stated target in the last 12 months.

Firm	Rating	Price target	Date
TD Cowen	Hold	$32	Oct 21, 2026
Seaport Research Partners	Neutral		Sep 16, 2026
Robert W. Baird	Neutral	$40	Aug 24, 2026
Morgan Stanley	Equal-Weight	$37	Jun 3, 2026
Argus Research	Buy		May 5, 2026
BNP Paribas Exane	Neutral	$37	Mar 30, 2026
Mizuho	Outperform	$40	Mar 20, 2026
DA Davidson	Buy	$51	Mar 6, 2026
Telsey Advisory Group	Outperform	$48	Feb 4, 2026

Questions about Wedbush and CMG

What is Wedbush's price target for CMG?: Wedbush's latest stated price target for Chipotle Mexican Grill Inc. (CMG) is $58, from its action on Aug 14, 2024.
What is Wedbush's rating on CMG?: Wedbush rates CMG Outperform, a bullish rating, as of Aug 14, 2024.
When did Wedbush last change its view on CMG?: On Aug 14, 2024, Wedbush upgrades to Outperform from Neutral, price target $54 to $58.
How does Wedbush's CMG target compare with other analysts?: Across 7 firms with a CMG price target in the last 12 months, the median target is $40.

More CMG rating histories

All Wedbush ratings CMG news and filings Every analyst firm

From rating actions in the Quantisnow feed. A target holds until the firm states a new one; a reiteration with no target keeps the last one. Not investment advice.