Chipotle Mexican Grill's bad news already priced in - Piper Sandler

2 hours ago 1
New York City Sues Chipotle For $150 Million Over Workweek Law Violations

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Shares of Chipotle Mexican Grill (NYSE:CMG) got a late-day boost after Piper Sandler called out the stock’s current valuation and moved to an Overweight rating given that “a lot of the bad has already been priced in, with shares down 31% year-to-date.”

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