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Actionable news in CMG: CHIPOTLE MEXICAN GRILL Inc,

Chipotle (CMG) Stock Upgraded at JPMorgan

NEW YORK (TheStreet) -- Before Thursday's market open, Chipotle Mexican Grill (CMG - Get Report) stock rating was raised to "overweight" from "neutral" at JPMorgan, which increased its price target to $510 from $465 on the Mexican food chain.

Chipotle's brand recognition and future earnings growth are not fully reflected in the current share price, leading analysts to recommend buying the company's stock.

"We believe comps are set to sequentially improve from their 1Q16 bottoms and that the Street can start to focus on earnings recoverability," JPMorgan analysts said in a note...


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