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Stock Market & Financial Investment News

News Breaks
July 22, 2014
07:56 EDTCMGChipotle price target raised to $670 from $575 at JPMorgan
JPMorgan raised its price target for Chipotle shares to $670 citing the company's comp acceleration following its better than expected Q2 results. The firm keeps an Overweight rating on the stock.
News For CMG From The Last 14 Days
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January 14, 2015
12:38 EDTCMGChipotle Q1 results at modest risk from pork disruption, says Miller Tabak
Miller Tabak credits Chipotle for being proactive and not selling pork that did not meet their standards, but also believes that the pork supply disruption adds modest risk to the company's Q1 result. Assuming a full-quarter disruption at one-third of Chipotle locations, the firm would lower its Q1 same-store sales estimate to 10%-10.3% from its current 11% growth projection. Miller Tabak maintains its Hold rating and $710 fair value estimate on Chipotle shares.
12:35 EDTCMGChipotle suspends pork sales at one-third of U.S. restaurants, Reuters reports
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