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News Breaks | | | | January 16, 2013 | | 06:38 EDT |  | CMG | Chipotle shares likely to be down meaningfully, says Jefferies
Jefferies expects shares of Chipotle to be down meaningfully after the company preannounced weaker than expected Q4 earnings. The firm says it's becoming increasingly clear that Chipotle's same-store-sales and modest pricing will not maintain margins and could yield 2013 earnings significantly below consensus. Jefferies keeps an Underperform rating on the stock with a $215 price target. | |
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| May 23, 2013 | | 06:41 EDT |  | CMG | Chipotle coverage assumed with a Neutral at Credit Suisse
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