Chipotle Mexican Grill (CMG) Tops Q4 EPS by 68c; offers outlook

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Go back to Chipotle Mexican Grill (CMG) Tops Q4 EPS by 68c; offers outlook

Chipotle Mexican Grill (CMG) PT Raised to $3,100 at Deutsche Bank

February 7, 2024 5:32 AM EST

Deutsche Bank analyst Lauren Silberman raised the price target on Chipotle Mexican Grill (NYSE: CMG) to $3,100.00 (from $3,000.00) while maintaining a Buy rating.

The analyst comments "CMG's 4Q print should be a win for the Bulls even against a high bar. CMG delivered a... More

'Make room for CMG in the Magnificent Seven': Analysts heap praise on Chipotle after earnings beat

February 6, 2024 4:20 PM EST

(Updated - February 7, 2024 7:00 AM EST)

Chipotle Mexican Grill (NYSE: CMG) gained 2.5% in early New York trading on Wednesday after the companys fourth-quarter results exceeded market expectations.

Comparable sales surged by 8.4%, surpassing the estimated 7.1% growth, showcasing strong demand for their offerings. Adjusted earnings per share (EPS) stood at $10.36, easily ahead of the estimated... More