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Fly News Breaks for April 26, 2018
CMG
Apr 26, 2018 | 07:58 EDT
BMO Capital analyst Andrew Strelzik raised his price target on Chipotle to $350 after its Q1 earnings beat that was driven by "strong comps and higher margins". The analyst adds that the company views its initial restaurant margin guidance as conservative and has also increased its tax expectation, but keeps his Market Perform rating, noting that the stock price "already incorporates a high degree of optimism".
News For CMG From the Last 2 Days
