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Reputation Can Be Much Slower To Recover From Than Fundamentals
Saturday, November 5, 2016 - 7:33pm | 503Chipotle Mexican Grill, Inc. (NYSE: CMG) stock dipped briefly below $360 this week for the first time since 2013 after the company laid out its preliminary guidance for 2017. Chipotle lost a huge amount of business and market cap last year during a string of E. coli outbreaks and other food safety...
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Chipotle CEO Says 'We Let Our Customers Down,' Touts New Food Safety Measures
Wednesday, September 21, 2016 - 3:45pm | 298Chipotle Mexican Grill, Inc. (NYSE: CMG) CEO Steve Ellis said in a video posted on its website that the company "let our customers down" and "failed to live up to our own food safety standards" following a series of e. Coli outbreaks across the US in which 500 people were...
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Barclays Sees Headwinds At Chipotle 'Large,' Cuts Target To $465
Thursday, January 7, 2016 - 9:15am | 289Shares of Chipotle Mexican Grill, Inc. (NYSE: CMG) continued hitting new 52-week lows Thursday morning as Wall Street analysts shy away from the stock. Jeffrey Bernstein of Barclays was the latest Wall Street analyst to turn incrementally bearish. The analyst maintained a Neutral rating on the...
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Bernstein Still Bullish On Chipotle, Awaiting 'Significant Traffic Driving Initiatives' Following CDC All Clear
Wednesday, December 9, 2015 - 12:04pm | 331Shares of Chipotle Mexican Grill, Inc. (NYSE: CMG) have lost more than 22 percent over the past three months following disappointing earnings and an E. coli outbreak traced back to the company. Bernstein's Sara Senatore maintained an Overweight rating and $730 price target on Chipotle...
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Chipotle Boston College Timeline Might Not Make Sense, But Downside Risks Killing Investors
Tuesday, December 8, 2015 - 12:21pm | 575Local and national media outlets reported that members of Boston College's basketball team became ill after dining at a Chipotle Mexican Grill, Inc. (NYSE: CMG). Analysts at Bernstein questioned the timeline of the report – as the reports imply a shorter time frame from exposure to...
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Chipotle's E. Coli News Is Scaring These Analysts
Monday, November 23, 2015 - 1:20pm | 849The Centers for Disease Control announced six new cases of E. coli linked to Chipotle Mexican Grill, Inc. (NYSE: CMG) restaurants in California, Ohio, New York, and Minnesota. Chipotle's stock declined Monday morning, hitting a new 52-week low of $532.03 before rebounding and trading...