Business Insider -
16 Apr 2016 20:33

Michael Saechang/flickr JPMorgan analysts say Chipotle's food crisis has cost it three years of earnings growth, but they are now more bullish on the company. In a note Thursday, restaurant analyst John Ivankoe and team upgraded their rating on the company to "Overweight" and increased their price target by 10% to $510 per share. Chipotle shares rose by about 2.5% to $455.92 in early trading. Ivankoe said the decline in so-called comparable-store sales — at stores open for at least one year ...
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