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Fly News Breaks for October 26, 2016
CMG
Oct 26, 2016 | 07:11 EDT
After Chipotle reported weaker than expected results yesterday, Wells Fargo says that the new strategy introduced by the company in conjunction with its earnings is "far more aggressive" than its previous efforts. The firm thinks that the new strategy, which consist largely of new menu items and improvements in its online platform, can produce better results. Wells keeps an Outperform rating on the stock.
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