Chipotle shares fall as store openings scaled back, profit disappoints
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Chipotle Mexican Grill (CMG) PT Lowered to $275 at BMO Capital on 3Q; 'Softer Margins... Implied Guidance Underwhelming'
October 25, 2017 9:51 AM EDTBMO Capital lowered its price target on Chipotle Mexican Grill (NYSE: CMG) to $275.00 (from $330.00) while maintaining a Market Perform rating, following the company's third quarter earnings report.
Analyst Andrew Strelzik notes a cautious outlook, as the company delivered third quarter earnings per share... More
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
