Boorito is Back and This Year Chipotle is Sweetening the Deal

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

October 19, 2017 7:35 AM EDT

Maxim Group lowered its price target on Chipotle Mexican Grill (NYSE: CMG) to $420.00 (from $435.00) while maintaining a Buy rating.

Analyst Stephen Anderson said they still see upside post-queso launch after recent checks but see a higher marketing spend.

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