Shares of Chipotle Mexican Grill (CMG) are trading higher due to an upgrade. There may be resistance around $55.50.

Investors should look past near-term headwinds and buy the stock of Chipotle Mexican Grill (CMG), says investment bank Morgan Stanley

Chipotle Stock Rises After Morgan Stanley Turns Bullish Key Takeaways Chipotle stock outperformed the broader market, rising nearly 2% in recent trading Monday.Morgan Stanley analysts raised their price target for the chain,

Shares of restaurant chain Chipotle have 26% upside, according to Morgan Stanley, which upgraded the stock to Overweight from Equal Weight.