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0.000439427068784574 -0.000537580550391523 0.000534594526907767 0.00318830249381117 0.00793704306616451 0.0124786884614272 0.0171840835315988 0.0106902530414093
Stock impact report

Chipotle Shares Rise as Wedbush Lifts Price Target [TheStreet.com]

Chipotle Mexican Grill, Inc. (CMG) 
Last chipotle mexican grill, inc. earnings: 4/21 04:10 pm Check Earnings Report
US:NYSE Investor Relations: ir.chipotle.com
Company Research Source: TheStreet.com
Chipotle Mexican Grill(CMGGet ReportShares of the Newport Beach, Calif., company at last check were climbing 3.1% to $1,035.11.Wedbush analyst Nick Setyan, who affirmed an outperform rating on the shares, said that his checks during the week of May 25 suggest that stores operating at 50% capacity may be up high-single-digits to low-double-digits on average."We sensed that CMG may be taking a more conservative approach to opening dining rooms as solid off-premise sales trends allow management to further hone their dine-in operating procedures." Setyan said in a note to clients."We also sensed that units are now poised to open in-line with relevant local capacity constraints fairly rapidly."The coronavirus pandemic has forced restaurant operators to close off dining areas and offer only delivery or takeout service.Seytan said that based on his checks, he was increasing his second-quarter same-store sales growth estimate to -9% from -20%."We view the relative strength of CMG's current [c Show less Read more
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