Chipotle stock edges up in premarket after 4% rebound as analysts turn less cautious
Chipotle shares rose 0.4% to $40.87 in premarket trading Thursday after jumping 4.4% Wednesday, ending a three-day slide. Raymond James raised its price target to $45, citing strong sector gains. Trading volume topped the 50-day average as the stock remains 32% below its 52-week high. Chipotle reports earnings on Feb. 3.