Shares of Chipotle Mexican Grill (NYSE:CMG | CMG Price Prediction) currently trade around $32.50, while the average Wall Street price target sits at $43.66.
Chipotle's CEO went viral this week after saying customers should ask for more food if they want it. I went to three different locations to put his promise of "abundance" to the test.
Argus has stepped up with a Buy rating on Chipotle Mexican Grill (NYSE:CMG | CMG Price Prediction) stock, upgrading the burrito chain from Hold on May 5.
Chipotle's same-store sales edged up, helped by a new product introduction. However, the stock is pricey, and the restaurant chain is seeing margin pressure.
After a brutal year for shareholders, Chipotle Mexican Grill (NYSE:CMG | CMG Price Prediction) just delivered its first quarter of positive transaction growth in over a year.
Guggenheim trimmed its price target on Chipotle Mexican Grill (NYSE:CMG | CMG Price Prediction) to $35 from $36 on Friday, keeping a Neutral rating as margin pressure forces earnings estimate cuts.