Guggenheim Notes Chipotle's (CMG) Conservative 2026 Guidance, Valuation Gap

Chipotle Mexican Grill Inc. (NYSE:CMG) is one of the best stocks under $50 to invest in. On February 5, Guggenheim lowered the firm’s price target on Chipotle to $36 from $37 with a Neutral rating. The firm noted that management established a conservative flat same-store sales growth guidance for 2026 and a framework for margin reinvestment, calling the move important while also observing that the stock’s current valuation does not yet reflect flat same-store sales for the year.

A day before that, Telsey Advisory analyst Sarang Vora lowered the firm’s price target on Chipotle Mexican Grill to $48 from $50 while maintaining an Outperform rating. Vora informed investors that the company’s Q4 results exceeded expectations, driven by successful marketing strategies, menu innovations, and operational improvements.

Additionally, the firm noted that Chipotle Mexican Grill Inc. (NYSE:CMG) remains on track to become a leading restaurant brand and considers the risk-reward profile favorable at its current valuation.

Chipotle Mexican Grill Inc. (NYSE:CMG), together with its subsidiaries, owns and operates Chipotle Mexican Grill restaurants. It sells food and beverages, such as burritos, burrito bowls, quesadillas, tacos, and salads, as well as kids’ meals, chips, and sides.

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Disclosure: None. This article is originally published at Insider Monkey.