Replies to post #286227 on Option Millionaires

[jimmybob]

Upgrade at CLSA.. see how long it lasts

CLSA sees Chipotle becoming 'screaming buy,' ups target to $613
CLSA analyst Diane Geissler raised Chipotle's price target to $613 from $536 following checks that showed an uptick in February traffic versus January. Geissler believes Chipotle will file an 8-K ahead of a March 16 conference presentation and expects the Street to applaud its results as long as the comp loss is not worse than 25% for the quarter. The analyst said shares will be a "screaming buy" at some point, but is not sure if that will be this quarter or later in the year. Geissler, who keeps a Buy rating on Chipotle shares, said that if comps recover and business normalizes, consensus estimates will prove to be way too low