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Fly News Breaks for April 26, 2018
CMG
Apr 26, 2018 | 07:57 EDT
Baird analyst David Tarantino raised his price target on Chipotle to $440 from $400 following stronger than expected Q1 results. The analyst sees a better near-term earnings outlook and likes the compelling vision aimed at positioning the business to deliver stronger operating momentum in upcoming years. Tarantino reiterated his Outperform rating on Chipotle shares.