Chipotle Mexican Grill (CMG) Misses Q1 EPS by 21c, Comps Increase 13.4%

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Go back to Chipotle Mexican Grill (CMG) Misses Q1 EPS by 21c, Comps Increase 13.4%

JPMorgan Upgrades Chipotle Mexican Grill (CMG) to Overweight

April 21, 2014 7:25 AM EDT

JPMorgan upgraded Chipotle Mexican Grill (NYSE: CMG) from Neutral to Overweight with a price target of $575.00 (from $550.00). Analyst John Ivankoe sees above average long-term growth and he thinks investors should take advantage of price weakness in a stock with "leading industry fundamentals."

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Longbow Research Upgrades Chipotle Mexican Grill (CMG) to Neutral

April 17, 2014 2:31 PM EDT

Longbow Research upgraded Chipotle Mexican Grill (NYSE: CMG) from Underperform to Neutral.

For an analyst ratings summary and ratings history on Chipotle Mexican Grill click here. For more ratings news on Chipotle Mexican Grill click here.

Shares of Chipotle Mexican Grill closed at $552.40 yesterday.

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Wells Fargo Comments on Chipotle Mexican Grill's (CMG) Q1

April 17, 2014 10:33 AM EDT

Wells Fargo analyst Jeff Farmer commented on Chipotle Mexican Grill (NYSE: CMG) Q1 results in a research report. Results showed strength in SSS, offset by EPS weakness.

"CMG reported Q1 SSS of +13.4% (almost all transaction growth), easily outpacing the +9% Street estimate and the strongest quarterly SSS performance since 2006. Investors, while pleased with the SSS momentum, will likely be looking for several key... More