The Latest Breaking News from Chipotle

Chipotle shares tank on disappointing Q3 earnings and lowered guidance for the full year. At least five Wall Street analysts reduced their price targets on CMG stock today.

“We’re not losing them to the competition. We’re losing them to grocery and food at home,” Scott Boatwright said.

UBS just cut its price target on Chipotle and warned sales and earnings are likely to be pressured.

Chipotle denies any wrongdoing, but agreed to pay around $246,000 in the settlement

With concerns related to growth and margin compression, should you buy, sell, or hold Chipotle stock?

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