Chipotle Mexican Grill: Take It Up…Or Time to Cut?
January 17, 2017 at 11:00 AM EST
After Chipotle Mexican Grill ( CMG ) reported sales that had some analysts arguing that the beleaguered fast-casual joint had finally turned a corner. Not JPMorgan's John Ivankoe and team, who cited their Chipotle dilemma: Either move their price target higher--or downgrade the stock. They explain why they chose the latter: