Lower Growth is 'New Normal' for Chipotle (CMG), UBS Warns in Downgrade to Sell

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Chipotle Mexican Grill (CMG) PT Maintained at $350 at Piper Jaffray; 'CMG Remains a Top Recovery Pick'

February 5, 2018 6:44 AM EST

Piper Jaffray maintained its price target on Chipotle Mexican Grill (NYSE: CMG) at $350.00 while maintaining a Overweight rating, following an investor tour to visit with Director of France in Paris.

Analyst Nicole Miller Regan suggests potential structural improvements could allow for base growth... More

UPDATE: UBS Downgrades Chipotle Mexican Grill (CMG) to Sell Citing Growth Concerns

February 1, 2018 6:15 AM EST

(Updated - February 1, 2018 8:55 AM EST)

(updated to add analyst comment)

UBS downgraded Chipotle Mexican Grill (NYSE: CMG) from Neutral to Sell with a price target of $290.00 (from $345.00).

Analyst Dennis Geiger has concerns for growth going ahead and offers three... More