JPMorgan analyst John Ivankoe, who has a "marginal" Overweight rating on the name, believes risk tolerant investors should buy shares of Chipotle Mexican Grill closer to $375. The analyst prefers shares of Starbucks (SBUX), McDonald's (MCD) and Yum! Brands (YUM) in large cap restaurants. In a research note following Chipotle's Q3 results, Ivankoe says the company is "finally doing the things that other restaurant companies would have long done to maximize brand value." He thinks capacity enhancements could help Chipotle's comps but thinks lower stock prices are a better entry point. The stock in pre-market trading is down 4% to $388.31.