Chipotle Mexican Grill (CMG) Tops Q2 EPS by 43c
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Go back to Chipotle Mexican Grill (CMG) Tops Q2 EPS by 43c
July 22, 2014 9:16 AM EDT
Wedbush maintained a Neutral rating on Chipotle Mexican Grill (NYSE: CMG) and raised its price target to $630.00 (from $560.00). Analyst Nick Setyan noted impressive SSS.
"Continue to believe drivers of SSS growth outperformance remain in place, but we also remain sidelined due to valuation, which we... More
July 22, 2014 8:01 AM EDT
Jefferies analyst Andy Barish raised estimates and his price target on Chipotle Mexican Grill (NYSE: CMG) to $600.00 (from $535.00) following strong Q2 results but maintained a Hold rating.
Barish comments, "CMG continues to materially beat SSS expectations (17.3% vs. cons 10.5%), even in... More
July 22, 2014 7:31 AM EDT
BofA/Merrill Lynch analyst Joseph Buckley reiterated a Buy rating and raised his price target on Chipotle Mexican Grill (NYSE: CMG) price target of $750.00 (from $640.00) following "remarkably strong" 2Q earnings.
The firm is raising estimates from $12.85 to $13.95 for 2014 and from $16 to $17.20 for... More
July 22, 2014 7:20 AM EDT
Deutsche Bank maintained a Hold rating on Chipotle Mexican Grill (NYSE: CMG) and raised its price target to $630.00 (from $575.00). Analyst Jason West commented following blowout Q2 results.
"Upside driven by another big beat on SSS (+17.3% vs. DBe/cons. +11%/+10%). Plus, the recent price increase came in above the high end of expectations and underlying SSS... More
July 22, 2014 6:52 AM EDT
Piper Jaffray analyst Nicole Miller Regan reiterated an Overweight rating and boosted her price target on Chipotle Mexican Grill (NYSE: CMG) to $740.00 (from $610.00) following strong Q2 results.
Regan commented, "Chipotle's top-line results for the 2Q14 period were far better-than-expected with traffic-driven SSS of +17.3% vs. our... More
July 22, 2014 6:28 AM EDT
RBC Capital analyst David Palmer reiterated an Outperform rating and boosted his price target on Chipotle Mexican Grill (NYSE: CMG) to $730.00 (from $680.00) following blow-out Q2 results.
"We continue to view Chipotles pricing power as an asset that will provide outsized EPS growth through... More
