Chipotle (CMG) October weekly implied volatility increases into EPS and outlook
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Chipotle Mexican Grill (CMG) PT Lowered to $300 at Baird Following 3Q Miss
October 25, 2017 8:59 AM EDTBaird lowered its price target on Chipotle Mexican Grill (NYSE: CMG) to $300.00 (from $340.00) while maintaining a Neutral rating following the company's 3Q. EPS of $1.33 missed consensus on higher-than-expected food costs, one-time impacts from hurricanes, and some unexpected closing/impairment costs.
Management intends to... More
