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Fly News Breaks for June 16, 2016
CMG
Jun 16, 2016 | 08:09 EDT
Buckingham analyst John Zolidis initiated Chipotle with a Buy and $547 price target saying investors should take advantage of the dislocation in the business and stock price following recent food safety issues to purchase one of the highest quality companies in the sector. Zolidis expects Chipotle to ultimately recover its consumer appeal, higher sales, and margins.