Oil rally lifts Wall Street, extending tight correlation
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- Wall Street ends lower as higher yields, rising oil prices mark shaky start to September
- Oil prices jump 4% as fresh US-Iran fighting stokes supply fears
- Two Saudi tankers struck in Strait of Hormuz Monday
- Dell again lifts annual forecasts as AI demand powers record results
- Fed’s Barr backs rate hike if inflation fails to cool, September odds hit 66%
- GoPro to merge with Starman Optical in $285M recapitalization deal
- GoPro (GPRO) Halted, News Pending
- Wall Street ends lower as higher yields, rising oil prices mark shaky start to September
- Gap taps Coach architect Reed Krakoff for $29.95-$498 handbag line
- Comstock Resources signs $1.65B deal with SOCAR, $450M JV
Modest Traffic Deceleration Seen at Chipotle (CMG) Following Raincheck Promotion; BTIG Affirms at 'Buy'
March 11, 2016 6:17 AM ESTBTIG reaffirms Chipotle Mexican Grill (NYSE: CMG) at Buy with a price target of $530 following recent traffic checks.
Analyst Peter Saleh commented today, We believe Chipotles promotional strategy continues to show encouraging signs as customer traffic has seen considerable improvement since January. The Raincheck promotion drove a significant increase in mid-February and we have seen a moderate deceleration in traffic... More
