Morgan Stanley says buy the dip in Chipotle, sees stock rallying nearly 30%

Pedestrians wearing protective masks walk in front of a Chipotle restaurant in San Francisco, California, U.S., on Monday, April 19, 2021.
David Paul Morris | Bloomberg | Getty Images

Shares of Chipotle Mexican Grill have struggled in the past few months, which presents a buying opportunity to investors, according to Morgan Stanley.

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