What's Going On With Chipotle Mexican Grill Stock Wednesday?
Portfolio Pulse from Dylan Berman
Chipotle Mexican Grill's stock is down after reporting fiscal earnings that missed revenue estimates but showed growth in EPS and operating margins. Analysts have adjusted their price targets following the report.
October 30, 2024 | 3:43 pm
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NEGATIVE IMPACT
Chipotle's stock is down 6.40% after missing revenue estimates, despite a 13% YoY sales increase and beating EPS expectations. Analysts have adjusted their price targets.
Chipotle's revenue miss, despite growth in sales and EPS, has led to a negative market reaction, causing a 6.40% drop in stock price. Analysts' mixed price target adjustments reflect cautious optimism.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100