Chipotle 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.
Chipotle names Curt Garner as chief information officer Chipotle Mexican Grill (CMG) announced that it has hired Curt Garner as chief information officer. Garner, who held the same position at Starbucks (SBUX), will join Chipotle effective November 23, and become the company's first CIO. Prior to joining Chipotle, Garner served as CIO at Starbucks, where he held a variety of positions in the company's information technology group throughout his 18 years with the company.