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Jefferies To Chipotle Investors: Take Some 'Chips Off The Table'
Thursday, April 11, 2019 - 11:36am | 340Shares of restaurant chain Chipotle Mexican Grill, Inc. (NYSE: CMG) are up more than 60 percent in the first quarter alone and now may be a good time for investors to take "chips off the table," according to Jefferies. The Analyst Jefferies' Andy Barish downgraded Chipotle from Buy to...
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Wedbush No Longer Bearish On Chipotle, Highlights No Negative Catalysts
Friday, March 22, 2019 - 12:02pm | 349The bearish case for casual fast food chain Chipotle Mexican Grill, Inc. (NYSE: CMG) can no longer be justified given a lack of any clear near-term and medium-term negative catalysts, according to Wedbush. The Analyst Wedbush's Nick Setyan upgraded Chipotle from Underperform to Neutral with a...
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Argus Says Chipotle Can Regain Its 'Formerly Strong Brand'
Thursday, March 21, 2019 - 9:25am | 340Chipotle Mexican Grill, Inc. (NYSE: CMG) could regain its "formerly strong brand" image it held before multiple food-safety related scandals, Argus said in a research report. The Analyst Argus' John Staszak maintains a Buy rating on Chipotle with a price target lifted from $670 to $...
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Chipotle Shares Are Soaring, But Some Analysts Remain Bearish
Thursday, February 7, 2019 - 11:24am | 769Chipotle Mexican Grill, Inc. (NYSE: CMG) reported fourth-quarter results that handily exceeded expectations from a growth in comparable sales and total transactions. Here is a summary of how some of the Street's top analysts reacted to the print. The Analysts Morgan Stanley's John Glass...
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Bank Of America Says Chipotle's Growth Outlook Is Baked Into The Stock
Friday, October 26, 2018 - 8:32am | 370Casual fast food restaurant chain Chipotle Mexican Grill, Inc. (NYSE: CMG) reported Thursday its third-quarter results, which signaled signs of growth Bank of America says is already priced into the stock at current levels. The Analyst Bank of America's Gregory Francfort maintains an...
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Stifel: Shake Shack Is One Of The Fastest-Growing Restaurant Chains — And That's Priced In
Wednesday, October 10, 2018 - 11:03am | 465Restaurant chain Shake Shack Inc. (NYSE: SHAK) is among the fastest-growing publicly traded restaurants, but that isn't reason enough to buy the stock, according to Stifel. The Analyst Stifel's Chris O'Cull initiated coverage of Shake Shack with a Hold rating and $65...
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Oppenheimer Turns Bearish On Chipotle: Stock Is 'Too Spicy'
Monday, October 1, 2018 - 12:35pm | 385After gaining more than 80 percent since a management change announcement in February, casual fast food restaurant Chipotle Mexican Grill, Inc. (NYSE: CMG)'s stock has become "too spicy" to support right now, according to Oppenheimer. The Analyst Oppenheimer's Brian Bittner...
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Wedbush Turns Bearish On Chipotle, Says Risks Are Underappreciated
Monday, August 27, 2018 - 9:52am | 443Chipotle Mexican Grill, Inc. (NYSE: CMG) CEO Brian Niccol has made his turnaround plan clear to the investment community, but Wedbush isn't optimistic on the outlook due to what it said are underappreciated risks. The Analyst Wedbush's Nick Setyan downgraded Chipotle Mexican Grill from...
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Maxim: Habit Restaurants No Longer A Buy, Consider Del Taco Instead
Friday, August 3, 2018 - 10:49am | 411Shares of Habit Restaurants Inc (NASDAQ: HABT) are up nearly 70 percent over the last three months, putting an end to Maxim Group's bullish stance on the casual fast food stock. The Analyst Maxim's Stephen Anderson downgraded Habit Restaurants from Buy to Hold with an...
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Wedbush Turns Bullish On Habit Restaurants Ahead Of Q2 Report
Monday, July 30, 2018 - 1:37pm | 400The bullish case for Habit Restaurants Inc (NASDAQ: HABT), the fast casual restaurant concept known or its fresh and made-to-order burgers and sandwiches, can now be made ahead of Wednesday's earnings report, according to Wedbush. The Analyst Wedbush's Nick Setyan upgraded The Habit...
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Morningstar's Restaurant Analyst Projects Further Store Closures In Sector
Tuesday, July 3, 2018 - 10:55am | 371The restaurant sector could see a changing dynamic in the marketplace in the back half of 2018 from an unusual suspect: Amazon.com, Inc. (NASDAQ: AMZN), according to Morningstar. The Analyst Morningstar senior restaurant analyst R.J. Hottovy discussed the restaurant sector during CNBC's "...
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Analyst Likes Chipotle's New CEO, Upgrades Stock To Buy
Wednesday, May 16, 2018 - 8:41am | 390Casual fast-food restaurant chain Chipotle Mexican Grill, Inc. (NYSE: CMG), under the leadership of a new executive team led by CEO Brian Niccol, remains on track for a multi-year long recovery, according to Argus. The Analyst Argus' John Staszak upgraded Chipotle from Hold to Buy with a...
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Chipotle's Q1: The Wall Street Reaction
Thursday, April 26, 2018 - 4:15pm | 838Chipotle Mexican Grill, Inc. (NYSE: CMG) reported a mixed first-quarter earnings report Wednesday, with an EPS beat and sales miss, but shares moved notably higher. Is now the time for investors to be buyers of the stock? Here's a summary of what some Wall Street analysts are saying after the...
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Making Sense Of A $500 Price Target On Chipotle Shares
Tuesday, April 24, 2018 - 4:17pm | 415Chipotle Mexican Grill, Inc. (NYSE: CMG)'s recently appointed CEO Brian Niccol and a handful of other executives will earn performance bonuses if the company achieves certain metrics. Assuming these objectives are realistic, a case can be made for notable upside in Chipotle's stock,...
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Chipotle's Chief Marketing And Strategy Officer Resigns
Wednesday, March 14, 2018 - 3:16pm | 452Chipotle Mexican Grill, Inc. (NYSE: CMG), led by new CEO Brian Niccol, said Wednesday it has parted ways with Chief Marketing and Strategy Officer Mark Crumpacker. What Happened Crumpacker is leaving Chipotle after nine years on the job, the company confirmed in a regulatory filing. The 8-K...