Cowen names Chipotle a ‘greatest thought’ due to digital gross sales

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Cowen names Chipotle a ‘greatest thought’ due to digital gross sales

A hen burrito, guacamole, bag of tortilla chips, and a drink are organized for {a photograph} at a Chipotle Mexican Grill Inc. restaurant in El Seg


A hen burrito, guacamole, bag of tortilla chips, and a drink are organized for {a photograph} at a Chipotle Mexican Grill Inc. restaurant in El Segundo, California, U.S., on Wednesday, July 25, 2018.

Patrick T. Fallon | Bloomberg | Getty Photographs

Quick meals Mexican restaurant chain Chipotle is “higher, sooner” and “stronger” heading into the brand new 12 months, in keeping with Cowen, who simply named the inventory one among its greatest thought of 2020.

The agency upgraded shares of Chipotle to outperform from market carry out and hiked its value goal to $970 per share from $800. Chipotle shares closed at $786.51 a share on Monday.



cnbc.com