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Fly News Breaks for November 23, 2015
CMG
Nov 23, 2015 | 08:05 EDT
Wells Fargo cut its price target on Chipotle as the firm thinks that the disclosure of new E.coli cases will weaken the company;s brand further and intensify its SSS headwinds. Wells expects the company's SSS to drop in Q4, and it expects the company's SSS headwinds to continue for multiple quarters. It keeps a Market Perform rating on the shares.
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