Chipotle price target boosted to $1600: Wedbush

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Wedbush boosted Chipotle’s price target to $1,600 from $1,320 while maintaining its outperform rating on Tuesday. Nick Setyan, Wedbush Securities Managing Director, joins The Final Round to discuss why he believes Chipotle is undervalued and why the restaurant chain in poised to see gains in the market in a post-Covid environment.
#Chipotle #Chipotlepricetarget #Chipotlestock
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