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Earnings· May 05, 2026 at 03:33 PM

Argus Upgrades Chipotle to Buy: Wall Street Bets the Cautious Guidance Will Be Crushed

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Argus has stepped up with a Buy rating on Chipotle Mexican Grill (NYSE:CMG) stock, upgrading the burrito chain from Hold on May 5. The firm’s thesis is straightforward: management is sandbagging, and cautious 2026 guidance will likely be surpassed as comparable sales accelerate through the rest of the year. For long-term investors, the call lands ... Argus Upgrades Chipotle to Buy: Wall Street Bets the Cautious Guidance Will Be Crushed

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