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January 31, 2014
08:36 EDTCMGChipotle price target raised to $640 from $600 at Bernstein
Bernstein increased its price target on Chipotle after the company reported stronger than expected Q4 results. The firm raised its FY14 EPS estimate for the company to $13.48 from $13.34 and keeps an Outperform rating on the shares.
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