Maxim Group lowered its price target on Chipotle Mexican Grill (NYSE: CMG) to $400.00 (from $420.00) while maintaining a Buy rating.

Analyst Stephen Anderson says his recovery thesis remains intact. The analyst continues to expect robust sales and earnings growth in the next few quarters.

Analyst Comments Analyst PT Change

Chipotle Mexican Grill (CMG) PT Lowered to $275 at BMO Capital on 3Q; 'Softer Margins... Implied Guidance Underwhelming'October 25, 2017 9:51 AM Chipotle Mexican Grill (CMG) PT Lowered to $300 at Baird Following 3Q Miss October 25, 2017 8:59 AM Chipotle Mexican Grill (CMG): Premium Multiple Tough To Justify - Wells FargoOctober 25, 2017 7:21 AM Telsey Downgrades Chipotle Mexican Grill (CMG) to Market PerformOctober 25, 2017 7:14 AM Chipotle Mexican Grill (CMG): Unit Growth And Traffic Disappoint - GuggenheimOctober 25, 2017 6:30 AM Chipotle Mexican Grill (CMG): PT Drops To $320 - RBCOctober 25, 2017 6:17 AM Chipotle Mexican Grill (CMG) PT Lowered to $350 at Piper JaffrayOctober 25, 2017 5:08 AM Chipotle Mexican Grill (CMG) PT Lowered to $280 at BarclaysOctober 25, 2017 5:06 AM Chipotle Mexican Grill (CMG) PT Lowered to $325 at Canaccord GenuityOctober 25, 2017 4:56 AM Chipotle Mexican Grill (CMG) PT Lowered to $291 at Nomura/InstinetOctober 25, 2017 3:34 AM Chipotle Mexican Grill (CMG) PT Lowered to $300 at JefferiesOctober 25, 2017 3:17 AM Chipotle Mexican Grill (CMG) PT Lowered to $310 at StifelOctober 25, 2017 2:12 AM Chipotle Mexican Grill (CMG) Misses Q3 EPS by 17cOctober 24, 2017 4:07 PM