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Fly News Breaks for June 20, 2017
CMG
Jun 20, 2017 | 07:37 EDT
Credit Suisse analyst Jason West noted that Chipotle's updated guidance on Q2 food costs and other operating expenses was unfavorable and he cut his Q2 earnings forecast to well-below consensus at $2.00 per share. West maintains his Neutral rating and $425 price target on Chipotle shares.