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Fly News Breaks for July 22, 2015
CMG
Jul 22, 2015 | 08:43 EDT
Baird raised its price target on Chipotle to $850 from $800 following mixed Q2 results. The firm cited the company's comments on near-term sales and margins that it views as encouraging and said a period of tough comps will be subsiding. Baird reiterated its Outperform rating on Chipotle shares.