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Is Chipotle Stock a Bargain or Trap After Starbucks Took Its CEO?


We recently learned that 's (NYSE: CMG) highly successful CEO, Brian Niccol, has been hired by Starbucks (NASDAQ: SBUX) to turn the slumping coffee giant around. Should Chipotle investors be worried, or is any weakness in the stock a long-term buying opportunity?

*Stock prices used were the morning prices of Aug. 20, 2024. The video was published on Aug. 21, 2024.

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Source Fool.com

Chipotle Mexican Grill Inc. Stock

€50.71
1.000%
Chipotle Mexican Grill Inc. gained 1.000% compared to yesterday.
The stock is one of the favorites of our community with 77 Buy predictions and 1 Sell predictions.
With a target price of 2357 € there is potential for a 4548.0% increase which would mean more than doubling the current price of 50.71 € for Chipotle Mexican Grill Inc..
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