Longbow Research Upgrades Chipotle Mexican Grill (CMG) to Neutral
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JPMorgan Upgrades Chipotle Mexican Grill (CMG) to Overweight
April 21, 2014 7:25 AM EDTJPMorgan 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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Chipotle Mexican Grill (CMG) Misses Q1 EPS by 21c, Comps Increase 13.4%
April 17, 2014 8:02 AM EDTChipotle Mexican Grill (NYSE: CMG) reported Q1 EPS of $2.64, $0.21 worse than the analyst estimate of $2.85. Revenue for the quarter came in at $904.2 million versus the consensus estimate of $873.44 million. Comparable restaurant sales increased 13.4%
Outlook
180 195 new restaurant openingsHigh single digit comparable restaurant... More