UPDATE: Morgan Stanley Downgrades Chipotle Mexican Grill (CMG) to Equalweight

Go back to UPDATE: Morgan Stanley Downgrades Chipotle Mexican Grill (CMG) to Equalweight

Chipotle Mexican Grill (CMG) PT Raised to $640 at Cowen; Sees Strong Q1

April 18, 2019 6:23 AM EDT

Cowen analyst Andrew Charles raised the price target on Chipotle Mexican Grill (NYSE: CMG) to $640.00 (from $575.00) while maintaining a Outperform rating, saying they expect Q1 to live up to high expectations.

Charles commented, "An outsized comp (~9%) is largely anticipated in 1Q, and... More