Investing.com - Chipotle Mexican Grill reached an all-time high on Monday after Piper Jaffray upgraded its price target on the restaurant chain.
Piper Jaffray raised its price to $824 from $792, while reiterating its overweight rating on the company, according to Briefing.com.
Chipotle (NYSE:CMG) gained o.5% in midday trade to reach a high of $754.45. It hit an earlier high of $759.
It reports its second-quarter results on July 23.
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