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Fly News Breaks for April 17, 2019
CMG
Apr 17, 2019 | 08:53 EDT
Maxim analyst Stephen Anderson raised his price target on Chipotle to $620 but kept his Hold rating, saying that while Q1 results should highlight the success of "Chipotle 2.0", the valuation on the stock looks "stretched" after an 85% gain in price since the December low. The analyst also raises his FY20 EPS view by 31c to $17.61 on higher comps and new unit projections, even though he lowers his FY19 outlook by 13c to $12.97 due to higher costs.
News For CMG From the Last 2 Days
CMG
Apr 18, 2024 | 08:08 EDT
