Chipotle expects fewer restaurant customers through July, shares fall

Chipotle Mexican Grill (CMG) PT Lowered to $340 at SunTrust Robinson Humphrey

SunTrust Robinson Humphrey lowered its price target on Chipotle Mexican Grill (NYSE: CMG) to $340.00 (from $363.00) while maintaining a Buy rating.

Chipotle Mexican Grill (CMG) PT Lowered to $410 at Maxim Group

Maxim Group lowered its price target on Chipotle Mexican Grill (NYSE: CMG) to $410.00 (from $425.00) while maintaining a Buy rating.

Chipotle Mexican Grill (CMG) PT Lowered to $300 at Canaccord Genuity Following 4Q

Canaccord Genuity lowered its price target on Chipotle Mexican Grill (NYSE: CMG) to $300.00 (from $325.00) while maintaining a Hold rating following 4Q. CMG reported EPS of $1.55, above the Street of $1.35, but the result included $0.21 tax benefit from the new US tax legislation. CMG's restaurant-level margin of... More

Chipotle Mexican Grill (CMG) PT Lowered to $285 at Wedbush

Wedbush lowered its price target on Chipotle Mexican Grill (NYSE: CMG) to $285.00 (from $310.00) while maintaining a Neutral rating.

Analyst Nick Setyan commented, "We believe current valuation appropriately reflects Chipotle's low-single-digit SSS growth trajectory, along with limited visibility into Chipotle's near- and mediumterm margin trajectory."

Chipotle Mexican Grill (CMG) PT Lowered to $235 at Deutsche Bank on 4Q Report; 'Sales Momentum & New CEO are Two Miss Components'

Deutsche Bank lowered its price target on Chipotle Mexican Grill (NYSE: CMG) to $235.00 (from $290.00) while maintaining a Sell rating, following the company's fourth quarter earnings report.

Analyst Brett Levy notes a cautious outlook on the shares, with CMG reporting fourth quarter adjusted EPS of $1.34... More

Chipotle Mexican Grill (CMG) PT Lowered to $270 at Wells Fargo

Wells Fargo lowered its price target on Chipotle Mexican Grill (NYSE: CMG) to $270.00 (from $300.00) while maintaining a Market Perform rating.

Analyst Jeff Farmer commented, "Given what we see as a new norm of mid-single-digit unit growth, low-single-digit same-store sales (SSS) and a high-teens restaurant-level margin... More

Chipotle Mexican Grill (CMG) PT Lowered to $303 at Nomura/Instinet on 4Q Report; 'Tax Savings to be Reinvested... CEO Search Continues'

Nomura/Instinet lowered its price target on Chipotle Mexican Grill (NYSE: CMG) to $303.00 (from $315.00) while maintaining a Neutral rating, following the company's fourth quarter earnings report.

Analyst Mark Kalinowski notes a cautious outlook on the shares, with CMG reporting fourth quarter adjusted EPS of $1.34... More

Chipotle Mexican Grill (CMG) PT Maintained at $250 at Guggenheim on 4Q Report; 'Guidance Sends 2018 Estimates South of the Boarder'

Guggenheim maintained its price target on Chipotle Mexican Grill (NYSE: CMG) at $250.00 while maintaining a Sell rating, following the company's fourth quarter earnings report.

Analyst Matthew DiFrisco notes a cautious outlook on the shares, with CMG reporting fourth quarter adjusted EPS of $1.34 and... More

Chipotle Mexican Grill (CMG) PT Lowered to $280 at JPMorgan on 4Q Report; 'No Near-Term Solution for Turnaround'

JPMorgan lowered its price target on Chipotle Mexican Grill (NYSE: CMG) to $280.00 (from $333.00) while maintaining a Neutral rating, following the company's fourth quarter earnings report.

Analyst John Ivankoe notes a cautious outlook on the shares, with CMG reporting fourth quarter adjusted EPS of $1.34 and... More