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Stock Market & Financial Investment News

News Breaks
March 27, 2013
07:07 EDTCMGChipotle price target raised to $345 from $334 at Piper Jaffray
Piper Jaffray raised its estimates for Chipotle ahead of the company's Q1 results citing slightly increased comp and unit growth expectations. Piper believes Chipotle is well-positioned to remain in flat to positive territory this year, but admits top-line trends remain below historical levels. Piper upped its price target for shares to $345 and maintains an Overweight rating on the stock.
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