Analysts fell to the sidelines weighing in on Chipotle (NYSE:CMG) and Knight Transportation (NYSE:KNX) with neutral ratings,indicating that the experts are neither bullish nor bearish on the stocks.
Chipotle (CMG)
Morgan Stanley analyst John Glass maintained a Hold rating on Chipotle today and set a price target of $398. The company’s shares closed on Friday at $457.21, close to its 52-week high of $474.46.
According to TipRanks.com, Glass is a 4-star analyst with an average return of 10.4% and a 60.0% success rate. Glass covers the Services sector, focusing on stocks such as Starbucks Corp, Shake Shack, and Wingstop.
Currently, the analyst consensus on Chipotle is a Hold with an average price target of $406.95.
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Knight Transportation (KNX)
In a report released today, Brandon Oglenski from Barclays downgraded Knight Transportation to Hold. The company’s shares closed on Friday at $37.91.
According to TipRanks.com, Oglenski is a 4-star analyst with an average return of 6.9% and a 57.8% success rate. Oglenski covers the Services sector, focusing on stocks such as Expeditors International, Canadian Railway, and XPO Logistics.
Currently, the analyst consensus on Knight Transportation is a Moderate Buy with an average price target of $50.
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