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Stock impact report

Should You Buy the Dip in Chipotle Stock? Nope [MSN Money]

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: MSN Money
To be fair, Morgan Stanley has a point about Chipotle  ( CMG ). The company has put its earnings growth into high gear, justifying an above-average valuation for CMG stock as the Tex-Mex eatery works to reclaim it former greatness. Sometimes the trajectory means more than the altitude. Load Error On the other hand, it would be naive to believe CMG stock is going to make a beeline to $600 just because Morgan Stanley analyst John Glass says that’s what Chipotle shares are worth. Reality: It’s an all-out war reaching a price target. Chipotle Mexican Grill may well be worth $600-per-share, but there’s a whole lot of tradin’ and wranglin’ that’s going to make the trip there quite the adventure. And, the journey’s not exactly getting started on the most buy-worthy foot. Glass’ exact words made it clear he wasn’t ignoring the company’s “storied past”? He notes, “While still early days in the brand’s long-awaited recovery, there is increasing evidence that makes our bull Show less Read more
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