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Fly News Breaks for October 14, 2015
CMG
Oct 14, 2015 | 08:04 EDT
After speaking with a consumer panel, RBC Capital says that Chipotle's sales trends can accelerate in 2H15. Two of the reasons for the firm's optimism are the company's accelerated coupon mailing at the end of last quarter and an easing of the company's pork shortage. RBC raised its price target on the stock to $825 from $740 and keeps an Outperform rating on the shares.
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