Piper Sandler Elevates Chipotle Price Target to $47 Reflecting Growth Prospects Into 2026
Piper Sandler has increased its price target on Chipotle Mexican Grill to $47 from $44, citing potential growth momentum in 2026. The firm maintains an Overweight rating, noting that the stock currently trades at a high valuation relative to growth expectations. This revision comes as the market anticipates Chipotle's upcoming earnings report and r…