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10 pts

Opinion on  Chipotle Mexican Grill Inc (CMG)     Sector: Services  >  Industry: Restaurants
Just like the rest of the group

Aug 01, 2008 08:14 PM GMT
Gekko
Return Risk
+6.33% HIGH
Sr. Associate

Recent News   Favorable/Unfavorable Valuation  

  This company is  still growing and it's product has lost none of it's cult appeal.  However, I can't overlook their higher costs and the sagging American economy for much longer. 

Update 09/12:

  Chipotle had a rough quarter is guiding lower for Q3.  We'll see if this creates a vicious cycle and further weakens sales.


CMG:  This call was made on 08/01/08 @ $67.36
Rating:   Negative   $67.36 (08/01/08)
Closed:   09/19/2008 @ $62.83 (+6.73% in 49 days)
Target:   $55.00 (-18.35%) in Three months


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Walter Thatcher previously rated CMG
Positive -40.94% Great burritos, greater growth potential
09/19/2007
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