JPMorgan upgraded Chipotle Mexican Grill (NYSE: CMG) from Neutral to Overweight with a price target of $575.00 (from $550.00). Analyst John Ivankoe sees above average long-term growth and he thinks investors should take advantage of price weakness in a stock with "leading industry fundamentals."

For an analyst ratings summary and ratings history on Chipotle Mexican Grill click here. For more ratings news on Chipotle Mexican Grill click here.

Shares of Chipotle Mexican Grill closed at $519.61 yesterday.