Why Chipotle Mexican Grill Stock Popped Wednesday [The Motley Fool]
Chipotle Mexican Grill, Inc. (CMG)
Last chipotle mexican grill, inc. earnings: 4/21 04:10 pm
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ir.chipotle.com
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Source: The Motley Fool
Could Chipotle stock go to $600? Daniel Sparks ( TMFDanielSparks ) Aug 15, 2018 at 4:43PM What happened Shares of fast-casual restaurant Chipotle Mexican Grill ( NYSE:CMG ) shot up as much as 6.7% on Wednesday, following an analyst upgrade on the stock. Shares finished the trading day up 6.6%. The improved rating for Chipotle stock, along with a price target increase, came from Morgan Stanley analyst John Glass. The analyst's optimism for the stock reflects his increased confidence in the company's turnaround efforts. Image source: Chipotle. So what Glass raised his price target to $600, up from $413 previously. Upgrading the stock from equal weight to overweight , Glass noted (via CNBC ): While still early days in the brand's long-awaited recovery, there is increasing evidence that makes our bull case scenario more believable,
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News
- Chipotle Tells Workers To "Preserve" Chicken Supply As Demand Soars [zero hedge]zero hedge
- Stock Split Watch: Is Costco Next? [Yahoo! Finance]Yahoo! Finance
- But the number of entrées made varies massively by restaurant. Hartung said that some lower-volume restaurants made about 15 entrées on average during their peak 15 minutes, while Niccol said that its restaurant in Boston's financial district made more tAcquire Media Monitor
- Chipotle Mexican Grill, Inc. (NYSE: CMG) had its price target raised by analysts at Citigroup Inc. from $3,358.00 to $3,369.00. They now have a "buy" rating on the stock.MarketBeat
- Cramer praises companies like Chipotle that can grow despite a slowing economy and inflation [CNBC]CNBC
CMG
Earnings
- 4/24/24 - Beat
CMG
Sec Filings
- 4/25/24 - Form 10-Q
- 4/24/24 - Form 8-K
- 4/23/24 - Form ARS
- CMG's page on the SEC website