UPDATE: Wunderlich Securities Initiates Chipotle Mexican Grill at Hold on Valuation

In a report published Tuesday, Wunderlich Securities analyst Robert Derrington initiated coverage on Chipotle Mexican Grill (NYSE: CMG ) with a Hold rating and $430.00 price target. In the report, Wunderlich Securities noted, “We are initiating coverage of Chipotle Mexican Grill, Inc. (CMG) with a Hold rating and 12-18 month