Jefferies Upgrades Chipotle Mexican Grill (CMG) to Hold

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Chipotle Mexican Grill (CMG) PT Lowered to $435 at Maxim Group

July 26, 2017 9:08 AM EDT

Maxim Group lowered its price target on Chipotle Mexican Grill (NYSE: CMG) to $435.00 (from $470.00) while maintaining a Buy rating. CMG posted 2Q EPS of $2.39, vs. the Street's $2.15 estimate. Revenues of $1.169B compares to the Street's $1.186B.

Analyst Stephen Anderson revised full year EPS to $8.66 (from... More

Chipotle Mexican Grill (CMG) PT Lowered to $380 at Morgan Stanley

July 26, 2017 8:07 AM EDT

Morgan Stanley lowered its price target on Chipotle Mexican Grill (NYSE: CMG) to $380.00 (from $445.00) while maintaining a Equalweight rating.

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Chipotle Mexican Grill (CMG) PT Lowered to $370 at Cowen

July 26, 2017 5:29 AM EDT

Cowen lowered its price target on Chipotle Mexican Grill (NYSE: CMG) to $370.00 (from $440.00) while maintaining a Market Perform rating.

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Chipotle Mexican Grill (CMG) PT Lowered to $370 at Barclays

July 26, 2017 5:23 AM EDT

Barclays lowered its price target on Chipotle Mexican Grill (NYSE: CMG) to $370.00 (from $400.00) while maintaining a Equalweight rating.

Analyst Jeff Bernstein was disappointed to see comps come in below his expectations coupled with a lack of continue improvement in the two-year trends.

FY... More

Chipotle Mexican Grill (CMG) PT Lowered to $510 at Piper Jaffray

July 26, 2017 5:21 AM EDT

Piper Jaffray lowered its price target on Chipotle Mexican Grill (NYSE: CMG) to $510.00 (from $530.00) while maintaining a Overweight rating.

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Chipotle Mexican Grill (CMG) PT Lowered to $385 at Baird

July 26, 2017 5:13 AM EDT

Baird lowered its price target on Chipotle Mexican Grill (NYSE: CMG) to $385.00 (from $425.00) while maintaining a Neutral rating.

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Chipotle Mexican Grill (CMG) PT Lowered to $380 at JPMorgan

July 26, 2017 5:10 AM EDT

JPMorgan lowered its price target on Chipotle Mexican Grill (NYSE: CMG) to $380.00 (from $390.00) while maintaining a Neutral rating.

Analyst John Ivankoe says a lack of increase in EPS means there no reason to rush out and buy the stock, even if one... More

Chipotle Mexican Grill (CMG) PT Lowered to $450 at Mizuho Securities

July 26, 2017 4:51 AM EDT

Mizuho Securities lowered its price target on Chipotle Mexican Grill (NYSE: CMG) to $450.00 (from $533.00) while maintaining a Buy rating.

Analyst Jeremy Scott says the results were better than feared. Upcoming catalysts he believes can support the valuation are an accelerated... More

Chipotle Mexican Grill (CMG) PT Lowered to $400 at RBC Capital

July 26, 2017 4:48 AM EDT

RBC Capital lowered its price target on Chipotle Mexican Grill (NYSE: CMG) to $400.00 (from $500.00) while maintaining a Sector Perform rating.

Analyst David Palmer says the recovery is slowing thanks in part the recent Norovirus headlines, limited marketing effectiveness and uncertain sales benefits from pending... More

Chipotle Mexican Grill (CMG) PT Lowered to $390 at BofA/Merrill Lynch

July 26, 2017 4:45 AM EDT

BofA/Merrill Lynch lowered its price target on Chipotle Mexican Grill (NYSE: CMG) to $390.00 (from $425.00) while maintaining a Neutral rating.

Analyst Greg Francfort remains sidelines noting the trouble with making a compelling case for being bullish or bearish. He... More

Chipotle Mexican Grill (CMG) PT Lowered to $420 at Telsey

July 26, 2017 4:38 AM EDT

Telsey lowered its price target on Chipotle Mexican Grill (NYSE: CMG) to $420.00 (from $440.00) while maintaining a Outperform rating.

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UPDATE: Chipotle Mexican Grill (CMG) PT Lowered to $380 at UBS

July 26, 2017 4:36 AM EDT

(Updated - July 26, 2017 8:28 AM EDT)

(updated to correct PT change and add analyst comment)

UBS lowered its price target on Chipotle Mexican Grill (NYSE: CMG) to $380.00 (from $445.00) while maintaining a Neutral rating.

Analyst Dennis Geiger lowers his PT to reflect reduce... More

Chipotle Mexican Grill (CMG) PT Lowered to $360 at Goldman Sachs

July 26, 2017 4:34 AM EDT

Goldman Sachs lowered its price target on Chipotle Mexican Grill (NYSE: CMG) to $360.00 (from $375.00) while maintaining a Neutral rating.

Analyst Karen Holthouse sees risk to operations citing execution and headline risks. She believes the NT debate among investors will center on the true run-rate... More

Chipotle Mexican Grill (CMG) PT Lowered to $315 at Deutsche Bank

July 26, 2017 4:32 AM EDT

Deutsche Bank lowered its price target on Chipotle Mexican Grill (NYSE: CMG) to $315.00 (from $350.00) while maintaining a Sell rating.

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Chipotle Mexican Grill (CMG) PT Lowered to $505 at SunTrust Robinson Humphrey

July 26, 2017 4:31 AM EDT

SunTrust Robinson Humphrey lowered its price target on Chipotle Mexican Grill (NYSE: CMG) to $505.00 (from $520.00) while maintaining a Buy rating.

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Chipotle links sick worker to latest Norovirus outbreak

July 25, 2017 4:24 PM EDT

LOS ANGELES (Reuters) - Chipotle Mexican Grill Inc (NYSE: CMG) is retraining kitchen crews on food safety and enforcing a zero-tolerance policy for employees refusing to abide by new rules, after identifying a sick employee as the cause of a Norovirus outbreak that forced it to briefly close a restaurant in Virginia last week.

"We believe someone was working while sick," Chief Executive Steve Ells said on a conference call with analysts on Tuesday. Chipotle offers employees paid sick leave, but some workers told CNBC that they were forced by bosses to work while... More

Chipotle Mexican Grill (CMG) Tops Q2 EPS by 14c, Offers Outlook

July 25, 2017 4:06 PM EDT

Chipotle Mexican Grill (NYSE: CMG) reported Q2 EPS of $2.32, $0.14 better than the analyst estimate of $2.18. Revenue for the quarter came in at $1.17 billion versus the consensus estimate of $1.19 billion.

Comparable restaurant sales increased 8.1%

Outlook

For 2017, management targets:

Comparable restaurant sales increases in the... More