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Will Chipotle's Rebound Continue?
Friday, January 15, 2016 - 10:24am | 421After losing more than 30 percent over the past three months, shares of Chipotle Mexican Grill, Inc. (NYSE: CMG) gained nearly 10 percent this week as investors cheered the company's efforts to overcome recent health scares. The company suffered two foodborne-disease outbreaks with E. coli and...
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Can Chipotle Make A Comeback?
Tuesday, December 29, 2015 - 10:20am | 469The past few months have significantly dulled the shine of fast-food chain Chipotle Mexican Grill, Inc. (NYSE: CMG). E. coli and norovirus outbreaks have tarnished the brand's reputation among consumers and given investors reason to dump the stock for fear that the firm's foodservice days are...
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Chipotle Linked To Different 'Rare' E. Coli In CDC Update
Monday, December 21, 2015 - 4:48pm | 313Shares of Chipotle Mexican Grill, Inc. (NYSE: CMG) were trading down more than 3.1 percent on Monday afternoon. The decline was triggered by a new CDC report that says that the Centers for Disease Control and Prevention (CDC) is now investigating a different, more rare form of E. Coli linked...
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Boston College Students Blame Chipotle As Food-Borne Illness Cases Reach 120
Thursday, December 10, 2015 - 9:53am | 337Chipotle Mexican Grill, Inc. (NYSE: CMG) is getting its own outbreak, as it recently was blamed by the students at Boston College. According to a new press release by Boston College, nearly all cases of the confirmed norovirus are related to students who ate at the Chipotle restaurant in Cleveland...
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Bernstein Still Bullish On Chipotle, Awaiting 'Significant Traffic Driving Initiatives' Following CDC All Clear
Wednesday, December 9, 2015 - 12:04pm | 331Shares of Chipotle Mexican Grill, Inc. (NYSE: CMG) have lost more than 22 percent over the past three months following disappointing earnings and an E. coli outbreak traced back to the company. Bernstein's Sara Senatore maintained an Overweight rating and $730 price target on Chipotle...
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Chipotle Boston College Timeline Might Not Make Sense, But Downside Risks Killing Investors
Tuesday, December 8, 2015 - 12:21pm | 575Local and national media outlets reported that members of Boston College's basketball team became ill after dining at a Chipotle Mexican Grill, Inc. (NYSE: CMG). Analysts at Bernstein questioned the timeline of the report – as the reports imply a shorter time frame from exposure to...
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Taco Bell Proves Chipotle Can Overcome E. Coli Outbreak
Monday, December 7, 2015 - 12:02pm | 564Chipotle Mexican Grill, Inc. (NYSE: CMG) shares continue to tumble following an E. coli outbreak. The company now blames the outbreak for its first projected quarterly same-store sales decline in its public history. Taco Bell had a similar outbreak back in 2006, and the long-term impact...
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Wall Street Mixed On Chipotle: More Educated Customer Base And Food With Integrity Branding Complicates
Monday, December 7, 2015 - 10:05am | 1019Shares of Chipotle Mexican Grill, Inc. (NYSE: CMG) plunged nearly 10 percent early Monday morning and fell below its prior 52-week low of $532.03. Chipotle provided guidance on Friday and expects to earn $2.45 to $2.85 in the fourth quarter (versus estimates of $4.41) as the impact from the recent...
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Chipotle's Stock Crashing Again As E. Coli Threat Deepens
Friday, December 4, 2015 - 1:51pm | 364The Centers for Disease Control and Prevention said on Friday that seven more people have become ill with E. coli. The CDC added of the three most recent illness reported in November, only one person reported eating at Chipotle Mexican Grill, Inc. (NYSE: CMG) Shares of Chipotle Mexican...
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Chipotle's E. Coli News Is Scaring These Analysts
Monday, November 23, 2015 - 1:20pm | 849The Centers for Disease Control announced six new cases of E. coli linked to Chipotle Mexican Grill, Inc. (NYSE: CMG) restaurants in California, Ohio, New York, and Minnesota. Chipotle's stock declined Monday morning, hitting a new 52-week low of $532.03 before rebounding and trading...
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Panera The Ultimate Winner From Chipotle's E. Coli Disaster?
Monday, November 23, 2015 - 10:17am | 368Panera Bread Co (NASDAQ: PNRA) shares are down 7 percent year-to-date, even after hitting a high of $197.86 on October 7. Maxim Group’s Stephen Anderson upgraded the rating on the company from Hold to Buy, while raising the price target from $208 to $210. Panera is expected to gain...
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Chipotle Update: First Tests Find No E. Coli At Washington Locations, Restaurants To Reopen In Next Few Days
Tuesday, November 10, 2015 - 10:29am | 446Shares of Chipotle Mexican Grill, Inc. (NYSE: CMG) gained more than 2 percent on Tuesday morning. Chipotle said it will reopen all 43 restaurants in the Seattle and Portland region that were voluntarily closed following an E. Coli outbreak in the region. The company noted health officials...
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Short-Term Chipotle Investors Lose From E. Coli Outbreak; Is Your Portfolio At Risk?
Monday, November 2, 2015 - 10:33am | 428Shares of Chipotle Mexican Grill, Inc. (NYSE: CMG) were trading lower by more than 5 percent before Monday's opening bell. The company announced on Sunday that all of its restaurants in Seattle and Portland have been closed due to a reported E. coli outbreak. The company added that...