Argus keeps a Buy rating and $75 price target on Chipotle (CMG) while naming the stock the firm’s 2025 Top Pick in Consumer Discretionary. In 2025, Chipotle plans to open 315-345 new restaurants, up from 285-315 in 2024, and the company also has a strong loyalty program, which consists of more than 40 million members and boosts same-store sales, the analyst tells investors in a research note.
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