Chipotle Mexican Grill (CMG) Posts Q3 EPS of $0.27; Comps Miss Views; Additional Stock Buyback Approved
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Credit Suisse Downgrades Chipotle Mexican Grill (CMG) to Neutral; 'New Normal'
October 26, 2016 7:25 AM EDTCredit Suisse downgraded Chipotle Mexican Grill (NYSE: CMG) from Outperform to Neutral with a price target of $375.00 (from $500.00) citing a 'new normal' following disappointing results.
Analyst Jason West commented, "CMG posted another disappointing result as the sales recovery continues to take... More
Jefferies Slashes PT, Estimates on Chipotle Mexican Grill (CMG)
October 26, 2016 7:19 AM EDTJefferies analyst Andy Barish reiterated his Underperform rating and cut the price target on Chipotle Mexican Grill (NYSE: CMG) to $300.00 (from $330.00) following weak results.
Barish commented, "3Q results miss across all metrics. SSS still -20%ish in October before CMG laps last year... More
