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Making Sense Of A $500 Price Target On Chipotle Shares

Chipotle Mexican Grill, Inc. CMG's recently appointed CEO Brian Niccol and a handful of other executives will earn performance bonuses if the company achieves certain metrics. Assuming these objectives are realistic, a case can be made for notable upside in Chipotle's stock, according to Bernstein. 

The Analyst

Bernstein's Sara Senatore maintains an Outperform rating on Chipotle's stock with an unchanged $500 price target. Source