Chipotle recovery seen dragging on, shares plunge

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Go back to Chipotle recovery seen dragging on, shares plunge

Chipotle Mexican Grill (CMG) PT Lowered to $275 at BMO Capital on 3Q; 'Softer Margins... Implied Guidance Underwhelming'

October 25, 2017 9:51 AM EDT

BMO Capital lowered its price target on Chipotle Mexican Grill (NYSE: CMG) to $275.00 (from $330.00) while maintaining a Market Perform rating, following the company's third quarter earnings report.

Analyst Andrew Strelzik notes a cautious outlook, as the company delivered third quarter earnings per share... More

Chipotle Mexican Grill (CMG) PT Lowered to $300 at Baird Following 3Q Miss

October 25, 2017 8:59 AM EDT

Baird lowered its price target on Chipotle Mexican Grill (NYSE: CMG) to $300.00 (from $340.00) while maintaining a Neutral rating following the company's 3Q. EPS of $1.33 missed consensus on higher-than-expected food costs, one-time impacts from hurricanes, and some unexpected closing/impairment costs.

Management intends to... More