Investing.com investing.com 27 Dec, 2020 08:15 am

These 3 Stock Upgrades Point To Robust Growth In 2021

These 3 Stock Upgrades Point To Robust Growth In 2021
Stocks Analysis by MarketBeat.com (Thomas Hughes) covering: Activision Blizzard Inc, Chipotle Mexican Grill Inc, Peloton Interactive Inc. Read MarketBeat.com (Thomas Hughes)'s latest article on Investing.com

p Chipotle Mexican Grill, Growing With Innovation Chipotle Mexican Grill (NYSE: CMG ) has had a stellar run under the leadership of Brian Niccol and that run is not over.According to the note from Cowen, Chipotle Mexican Grill saw a sustained 1-2% uptick in test-store comps that is consistent with what have become new menu items in the past.Shares of Chipotle Mexican Grill recently broke out of a major consolidation pattern to set a new all-time high.Baird just came out and reiterated its strong buy rating on Activision Blizzard (NASDAQ: ATVI ) giving matching the Wall Street high price target of $116.

Morgan Stanley maintained its overweight rating and setting the Wall Street high price target.The company just upped its price target on the company, again, to $186 citing the “deep offering” Peloton provides to its clientele and a favorable competitive environment.

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