UPDATE: Belus Capital's Sozzi Upgrades Chipotle to Buy, Wants Investors to Chow Down on Shares
February 12, 2014 at 09:12 AM EST
Belus Capital's Brian Sozzi upgraded shares of Chipotle Mexican Grill, Inc. (NYSE: CMG ) from Hold to Buy in a research note Wednesday morning. The analyst raised his price target from $500.00 to $600.00. Sozzi's note follows fourth-quarter results from Chipotle on January 30th. The analyst highlighted an attractive