Chipotle Mexican Grill (CMG) Active Amid Cautious Conference Comments

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Instinet Cuts Chipotle Mexican Grill (CMG) PT to $333

December 7, 2016 6:38 AM EST

Instinet (Nomura) analyst Mark Kalinowski cut estimates and his price target on Neutral-rated Chipotle Mexican Grill (NYSE: CMG) to $333.00 (from $372.00) following comments at yesterday's investor conference from Chipotle Mexican Grill management.

They reduce Q4 EPS estimate by $0.45 to $0.95, FY16E EPS from $1.91 to... More