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News Breaks | | | | February 5, 2013 | | 16:21 EDT |  | CMG | Chipotle higher after results, first look
The stock is up 5 in the after market following an earnings miss, but with a more positive outlook for the fiscal year. At the current price of $320.06, next resistance is at $337.52. Support is at $319.25. | |
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News For CMG From The Last 14 Days Check below for free stories on CMG the last two weeks. |
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| June 13, 2013 | | 06:54 EDT |  | CMG | Chipotle Q2 same-store-sales estimate raised to 4% from 3% at Wedbush
Wedbush's Chipotle checks indicate Q2 same-store-sales are tracking slightly ahead of Street estimates of 3.8% driven by increased marketing, improved throughput, and new menu items. Checks also indicate catering is strong and is seeing increased traction and that a price increase in the 3-5% range is likely in 2H 2013 given increased commodity costs. The analyst raised estimates given strong comps and raised its price target to $420 from $400. Shares are Outperform rated. | | | June 7, 2013 | | 09:45 EDT | | CMG | Chipotle Q2 revenue forecast slightly below Street at ITG Research
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