Truist Financial analyst Les Sulewski maintained a Buy rating on biote (BTMD) with a price target of $4.16. The company has a Strong Buy analyst consensus with a price target consensus of $5.54, representing a 33.17% upside from current levels. BTMD's market cap is $159.3M and has a P/E ratio of 6.81. Corporate insider sentiment is positive with 15 insiders buying shares over the past quarter.
Multiple analysts have recently revised their price targets for Chipotle Mexican Grill (NYSE:CMG), with several firms lowering their estimates. Truist Financial, for instance, reduced its target from $64.00 to $60.00, maintaining a "buy" rating on the stock [1]. Royal Bank of Canada, KeyCorp, and Robert W. Baird also lowered their targets, aligning at or below $60.00 [1].
Despite these downward revisions, Chipotle Mexican Grill still enjoys a "Moderate Buy" consensus rating from analysts, with a current consensus target price of $60.93 [1]. The stock has seen significant analyst interest, with 29 analysts rating it as a "buy," and nine issuing a "hold" rating [1].
Recent earnings data for Chipotle Mexican Grill showed positive signs, with the company reporting $0.33 earnings per share (EPS) for the quarter, beating analysts' estimates [1]. The company's revenue was up 3.0% year-over-year, reaching $3.06 billion [1]. However, the stock's price has been volatile, trading between $44.46 and $66.74 over the past year [1].
Institutional investors have also shown interest in Chipotle Mexican Grill, with several hedge funds and institutional investors acquiring stakes in the company [1]. Norges Bank, Nuveen LLC, DZ BANK AG, Alliancebernstein L.P., and Goldman Sachs Group Inc. are among the notable investors [1].
While the recent downward revisions in price targets indicate caution among analysts, the company's strong earnings and positive insider sentiment suggest potential upside. Investors should closely monitor the company's performance and analyst ratings to make informed decisions.
References:
[1] https://www.marketbeat.com/instant-alerts/truist-financial-cuts-chipotle-mexican-grill-nysecmg-price-target-to-6000-2025-07-25/
Comments
No comments yet