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Argus Says Chipotle Can Regain Its 'Formerly Strong Brand'
Thursday, March 21, 2019 - 9:25am | 340Read More...Chipotle Mexican Grill, Inc. (NYSE: CMG) could regain its "formerly strong brand" image it held before multiple food-safety related scandals, Argus said in a research report. The Analyst Argus' John Staszak maintains a Buy rating on Chipotle with a price target lifted from $670 to $...
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Investors Eat Up Chipotle's Big Q4 Earnings Beat
Wednesday, February 6, 2019 - 5:23pm | 295Read More...Chipotle Mexican Grill, Inc. (NYSE: CMG) passed a new 52-week high in the after-hours session after posting a fourth-quarter earnings beat. The fast food chain reported fourth-quarter earnings of $1.72, beating estimates by 39 cents. Sales came in at $1.2 billion, beating estimates by $10 million....
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RBC: Buy Chipotle Ahead Of Expected 'Lackluster' Q3 Report
Monday, October 22, 2018 - 9:40am | 432Read More...Casual fast food chain Chipotle Mexican Grill, Inc. (NYSE: CMG) is likely to report a "lackluster" third-quarter earnings release Oct. 25, but RBC Capital Markets is looking beyond the reported quarter to make a bullish case for the stock. The Analyst Analyst David Palmer...
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Oppenheimer Turns Bearish On Chipotle: Stock Is 'Too Spicy'
Monday, October 1, 2018 - 12:35pm | 385Read More...After gaining more than 80 percent since a management change announcement in February, casual fast food restaurant Chipotle Mexican Grill, Inc. (NYSE: CMG)'s stock has become "too spicy" to support right now, according to Oppenheimer. The Analyst Oppenheimer's Brian Bittner...
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Wedbush Turns Bearish On Chipotle, Says Risks Are Underappreciated
Monday, August 27, 2018 - 9:52am | 443Read More...Chipotle Mexican Grill, Inc. (NYSE: CMG) CEO Brian Niccol has made his turnaround plan clear to the investment community, but Wedbush isn't optimistic on the outlook due to what it said are underappreciated risks. The Analyst Wedbush's Nick Setyan downgraded Chipotle Mexican Grill from...
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Chipotle's Stock Surge Is Thanks To Its New CEO
Thursday, June 28, 2018 - 3:49pm | 381Read More...Since Brian Niccol became the CEO of Chipotle Mexican Grill, Inc. (NYSE: CMG) in March, Chipotle's stock price has only gone up. According to CNBC, Chipotle's stock move has been based solely on Niccol's reputation. Prior to Chipotle, Niccol was the CEO at Taco Bell, owned by Yum!...
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Chipotle Has A New Game Plan: Is Wall Street On Board?
Thursday, June 28, 2018 - 12:59pm | 659Read More...Casual fast food restaurant chain Chipotle Mexican Grill, Inc. (NYSE: CMG) on Wednesday detailed a new game plan, including closing 65 underperforming stores, a focus on the customer experience and food innovation. Are Street analysts on board with the company whose stock remains notably...
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Analyst Likes Chipotle's New CEO, Upgrades Stock To Buy
Wednesday, May 16, 2018 - 8:41am | 390Read More...Casual fast-food restaurant chain Chipotle Mexican Grill, Inc. (NYSE: CMG), under the leadership of a new executive team led by CEO Brian Niccol, remains on track for a multi-year long recovery, according to Argus. The Analyst Argus' John Staszak upgraded Chipotle from Hold to Buy with a...
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Chipotle's Q1: The Wall Street Reaction
Thursday, April 26, 2018 - 4:15pm | 838Read More...Chipotle Mexican Grill, Inc. (NYSE: CMG) reported a mixed first-quarter earnings report Wednesday, with an EPS beat and sales miss, but shares moved notably higher. Is now the time for investors to be buyers of the stock? Here's a summary of what some Wall Street analysts are saying after the...
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Chipotle CEO Says Top Priority Is To Remind People 'Why They Love' The Fast Casual Restaurant
Thursday, April 26, 2018 - 3:14pm | 312Read More...Shares of Chipotle Mexican Grill, Inc. (NYSE: CMG) were trading higher by 25 percent Thursday afternoon after the restaurant chain reported first-quarter results that convinced some Wall Street analysts a turnaround is underway. What's next for the fast casual chain? 'The Food Is...
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Chipotle's Turnaround Is 'Underway,' But Stephens Is Neutral Until Traffic Improves
Thursday, April 26, 2018 - 9:55am | 375Read More...Fast casual food chain Chipotle Mexican Grill, Inc. (NYSE: CMG) reported first-quarter results Wednesday that confirmed a turnaround is "underway," but now is not the time to buy the stock, according to Stephens. The Analyst Stephens' Will Slabaugh maintains an Equal-Weight...
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Making Sense Of A $500 Price Target On Chipotle Shares
Tuesday, April 24, 2018 - 4:17pm | 415Read More...Chipotle Mexican Grill, Inc. (NYSE: CMG)'s recently appointed CEO Brian Niccol and a handful of other executives will earn performance bonuses if the company achieves certain metrics. Assuming these objectives are realistic, a case can be made for notable upside in Chipotle's stock,...
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Why Investors Can Be Optimistic Following Chipotle's CMO Resignation
Thursday, March 15, 2018 - 4:34pm | 354Read More...Chipotle Mexican Grill, Inc. (NYSE: CMG) announced Wednesday the resignation of Mark Crumpacker, the company's chief marketing and strategy officer. Considering the fast-casual chain’s underwhelming marketing efforts, the resignation isn't surprising. Last year, Bernstein analyst Sara...
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Chipotle's Chief Marketing And Strategy Officer Resigns
Wednesday, March 14, 2018 - 3:16pm | 452Read More...Chipotle Mexican Grill, Inc. (NYSE: CMG), led by new CEO Brian Niccol, said Wednesday it has parted ways with Chief Marketing and Strategy Officer Mark Crumpacker. What Happened Crumpacker is leaving Chipotle after nine years on the job, the company confirmed in a regulatory filing. The 8-K...
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Stifel Sees Reboot Opportunity For Chipotle, Upgrades From Sell To Hold
Tuesday, February 20, 2018 - 2:12pm | 389Read More...While Chipotle Mexican Grill, Inc. (NYSE: CMG)'s traffic has declined and its margins deterioriated, recent management changes and turnaround initiatives could pave the way for a much-needed reboot, according to Stifel. The Analyst Chris O’Cull of Stifel upgraded Chipotle from Sell to...















