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Fly News Breaks for February 20, 2018
CMG
Feb 20, 2018 | 07:15 EDT
As previously reported, Stifel analyst Chris O'Cull upgraded Chipotle to Hold from Sell, stating that his opinion of the company's fundamentals has not changed, but sentiment has improved and he believes investor optimism will likely outweigh fundamentals in the near-term. The analyst, who thinks "investors' ebullience" can support the stock, raised his price target on Chipotle shares to $275 from $250.