Chipotle (CMG) volatility bid into Q4 and outlook

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Chipotle Mexican Grill (CMG) PT Lowered to $300 at Canaccord Genuity Following 4Q

February 7, 2018 8:45 AM EST

Canaccord Genuity lowered its price target on Chipotle Mexican Grill (NYSE: CMG) to $300.00 (from $325.00) while maintaining a Hold rating following 4Q. CMG reported EPS of $1.55, above the Street of $1.35, but the result included $0.21 tax benefit from the new US tax legislation. CMG's restaurant-level margin of... More