Cramer's favorite food analyst just made a big call on Chipotle

An employee prepares a burrito bowl at a Chipotle Mexican Grill Inc. restaurant in Louisville, Kentucky.
Luke Sharrett | Bloomberg | Getty Images

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Jim Cramer's favorite Chipotle analyst expects the Mexican food chain's stock to rally more than 20% in the next year. 

Piper Sandler's senior research analyst Nicole Miller Regan hiked her price target on Chipotle to $1,100 per share from $850 per share. And Cramer sees a similar upside.