Recent

% | $
Quotes you view appear here for quick access.

Chipotle Mexican Grill, Inc. Message Board

  • ksafavy ksafavy Dec 19, 2012 4:30 PM Flag

    Did anybody here know ..

    .. this:
    "S&P LOWERS OPINION ON SHARES OF CHIPOTLE MEXICAN GRILL TO SELL FROM HOLD
    (S&P Capital IQ) We trim our '12 EPS forecast by $0.09 to $8.89, but keep '13's by at $9.56 and our target price at $250. We see increased competition from Taco Bell, whose parent company is YUM Brands (YUM 68, Buy). Taco Bell plans to expand its Cantina Bell menu in 2013, including a new steak marinade, quesadillas, and fajita offerings. We believe Taco Bell's wider menu offerings, along with increased advertising, will restrain CMG's ability in raising its prices. We also think operating margins will be pressured by higher food input costs in 2013."
    Posted on TDAmeritrade News, 12/17/12.

    SortNewest  |  Oldest  |  Most Replied Expand all replies
 
CMG
721.20-5.97(-0.82%)Aug 28 4:00 PMEDT