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Fly News Breaks for February 14, 2018
CMG
Feb 14, 2018 | 07:30 EDT
UBS analyst Dennis Geiger believe's Chipotle's (CMG) new CEO will be viewed as a near-term catalyst for the stock given his experience repositioning the Taco Bell (YUM) brand. However, Geiger continues to believe long-term headwinds remain, which will take time to address, while the shares valuation remain elevated. Geiger reiterated his Sell rating and $275 price target on Chipotle shares.
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