Jefferies Slashes Chipotle Mexican (CMG) Price Target to $215 after Weak Q3, Outlook
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October 19, 2012 8:27 AM EDT
Wedbush downgraded Chipotle Mexican Grill (NYSE: CMG) from Outperform to Neutral with a price target of $270.00 (from $350.00).
"We no longer expect increased marketing to drive incremental SSS growth
ahead of expectations, and have lower confidence in another near-term price
increase," the analyst... More
October 18, 2012 5:06 PM EDT
Chipotle Mexican Grill (NYSE: CMG) investors are worried that hedge fund manager David Einhorn was right when he warned the valuation of the fast-casual, Mexican food restaurant was at... More
October 18, 2012 4:03 PM EDT
Chipotle Mexican Grill (NYSE: CMG) reported Q3 EPS of $2.27, $0.03 worse than the analyst estimate of $2.30. Revenue for the quarter came in at $700.5 million versus the consensus estimate of $702.22 million.
For earnings history and earnings-related data on Chipotle Mexican Grill (CMG) click here.... More
