Fly News Breaks for April 16, 2019
CMG
Apr 16, 2019 | 09:02 EDT
Wells Fargo analyst Jon Tower raised his price target for Chipotle to $647 from $489 ahead of quarterly results. The analyst expects a top and bottom-line beat, with numbers likely moving higher for 2019, but sees much of this already reflected in the stock's multiple, which is near multi-year highs. He reiterates a Market Perform rating on the shares.
News For CMG From the Last 2 Days