Microsoft strongly encourages users to switch to a different browser than Internet Explorer as it no longer meets modern web and security standards. Therefore we cannot guarantee that our site fully works in Internet Explorer. You can use Chrome or Firefox instead.

Can Chipotle Stock Hit $2,000 in 2022?

TheMotleyFool

0 0

While the rest of the industry took a major hit during the pandemic, Chipotle Mexican Grill (NYSE: CMG) was able to thrive. The popular Tex-Mex chain leaned heavily on its digital foundation to serve customers with mobile ordering for drive-thru and delivery. And now that in-store dining is back, management is optimistic that the long-term growth opportunity remains intact.

Yet, this top restaurant stock has started the new year already down 19% as the rest of the market takes a hit as well. So what's the outlook for Chipotle stock? Can it hit $2,000 in 2022?

Image source: Getty Images.

Source Fool.com

Like: 0

CMG

Share