Chipotle Mexican Grill (CMG) PT Lowered to $280 at Barclays

Chipotle Mexican Grill (CMG) PT Lowered to $275 at BMO Capital on 3Q; 'Softer Margins... Implied Guidance Underwhelming'

BMO 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

Baird 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

Chipotle Mexican Grill (CMG) PT Lowered to $400 at Maxim Group

Maxim Group lowered its price target on Chipotle Mexican Grill (NYSE: CMG) to $400.00 (from $420.00) while maintaining a Buy rating.

Analyst Stephen Anderson says his recovery thesis remains intact. The analyst continues to expect robust sales and earnings growth in the next few quarters.

Telsey Downgrades Chipotle Mexican Grill (CMG) to Market Perform

Telsey downgraded Chipotle Mexican Grill (NYSE: CMG) from Outperform to Market Perform with a price target of $330.00 (from $370.00).

Analyst Bob Darrington lowers his estimates following the Q3 earnings report which lowers the PT and drives the downgrade. The analyst believes the... More

Chipotle Mexican Grill (CMG) PT Lowered to $350 at Piper Jaffray

Piper Jaffray lowered its price target on Chipotle Mexican Grill (NYSE: CMG) to $350.00 (from $510.00) while maintaining a Overweight rating.

Analyst Nicole Miller Regan believes in the company's recovery story and acknowledged the recent on development guidance will likely be a key focus... More

Chipotle Mexican Grill (CMG) PT Lowered to $325 at Canaccord Genuity

Canaccord Genuity lowered its price target on Chipotle Mexican Grill (NYSE: CMG) to $325.00 (from $400.00) while maintaining a Hold rating.

Analyst Lynn Collier lowers the PT following a reduction in EPS estimates and notes sales remain well below pre-incident levels despite a ramp... More

Chipotle Mexican Grill (CMG) PT Lowered to $291 at Nomura/Instinet

Nomura/Instinet lowered its price target on Chipotle Mexican Grill (NYSE: CMG) to $291.00 (from $338.00) while maintaining a Neutral rating.

Analyst Mark Kalinowski comments that Q3 is driving "some spicy EPS estimate reductions" noting sales and margin challenges dampens his outlook which drives down his 2018... More

Chipotle Mexican Grill (CMG) PT Lowered to $300 at Jefferies

Jefferies lowered its price target on Chipotle Mexican Grill (NYSE: CMG) to $300.00 (from $350.00) while maintaining a Hold rating.

Analyst Andy Barish says management appears to be "throwing more things at the wall" when it comes to SSS drivers but feels it... More

Chipotle Mexican Grill (CMG) PT Lowered to $310 at Stifel

Stifel lowered its price target on Chipotle Mexican Grill (NYSE: CMG) to $310.00 (from $345.00) while maintaining a Hold rating.

Analyst Chris O'Cull was surprised at the company decision to significantly reduce unit growth as a means to absorb new operating structure and emphasize... More

Chipotle Mexican Grill (CMG) Misses Q3 EPS by 17c

Chipotle Mexican Grill (NYSE: CMG) reported Q3 EPS of $1.46, ex-items, $0.17 worse than the analyst estimate of $1.63. Revenue for the quarter came in at $1.13 billion versus the consensus estimate of $1.14 billion.

Comparable restaurant sales increased 1.0%.

We continued to make important progress to improve... More