Chipotle Mexican Grill (CMG) Updates on Q1 Performance; Feb Comps Down 26.1%, Sees Loss of $1/Share or Worse vs. Expected Profit

Chipotle Mexican Grill (CMG) Downgraded to Underperform at Jefferies

Jefferies downgraded Chipotle Mexican Grill (NYSE: CMG) from Hold to Underperform with a price target of $350.00 (from $390.00).

Jefferies analyst, Andy Barish, is not jumping on the Chipotle turnaround bandwagon. Before the food safety issue, the analyst had been expecting a mean reversion for the multiple and this additional pressure on SSS makes him even more cautious.

The recovery from food safety issues is... More

RBC Cuts Chipotle Mexican (CMG) EPS but Not Price Target

RBC Capital analyst, David Palmer, cut estimates on Chipotle Mexican Grill (NYSE: CMG) but maintained his PT due to the short term nature of the recovery. No change to Outperform rating.

The 2016 EPS estimate drops from $8.06 to $6.46 (-57% YOY) to reflect weaker... More

Chipotle's (CMG) Traffic Improvement in Feb. More Significant than Comps Suggest - BTIG

BTIG affirms Chipotle Mexican Grill (NYSE: CMG) with a Buy rating and $530 price target following CMG's sales update on Tuesday night.

Analyst Peter Saleh summarized: While on the surface the same-store sales results for February and March are disappointing, we believe investors... More

Chipotle Mexican Grill's (CMG) Price Target Raised to $550 at SunTrust

SunTrust Robinson Humphrey maintained a Buy rating on Chipotle Mexican Grill (NYSE: CMG) and raised its price target to $550.00 (from $520.00).

For an analyst ratings summary and ratings history on Chipotle Mexican Grill... More

Maxim Group Downgrades Chipotle Mexican Grill (CMG) to Sell

Maxim Group downgraded Chipotle Mexican Grill (NYSE: CMG) from Hold to Sell with a price target of $350.00.

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 $503.00 yesterday.

Piper Jaffray Backs Bull View On Chipotle Mexican (CMG) After Preannouncement

Piper Jaffray analyst, Nicole Miller Regan, reiterated her bull thesis on Chipotle Mexican Grill (NYSE: CMG) after the company preannounced weaker than expected 1Q results. She believes the company will be able to deliver a relatively steady improvement in same-store sales trends... More