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Stock impact report

We're Very Bullish On Chipotle (But The Road May Be Rocky) [Seeking Alpha]

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: Seeking Alpha
Summary Our restaurants team is very bullish on Chipotle over the longer term and believes it could have enormous upside for the stock in two to three years. After (correctly) being one of the company’s biggest bears, restaurants analyst Howard Penney has become one of its most vocal bulls. There is a recovery in place, but the question then becomes, ‘How big is the recovery?’” Penney says. If Penney is correct, that recovery could be very big. There may be some short-term bumps in store for Chipotle ( CMG ) – but there is significant upside beyond that according to veteran Hedgeye restaurants analyst Howard Penney . After (correctly) being one of the company’s biggest bears, Penney has become one of its most vocal bulls. His analyst team is very bullish on Chipotle over the longer term and believes it could have enormous upside for the stock in two to three years. That said, the next couple of quarters could be rocky as the once-beleaguered burrito chain Show less Read more
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