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CMG Target Hiked at Argus

By Market News Video Staff, Tuesday, November 23, 2:17 PM ET

Argus hiked its price target on Chipotle Mexican Grill (NYSE:CMG) today. Argus, which rates the stock a buy, hiked its price target from $238 per share all the way up to $270 per share. Argus said it expects solid growth from the company, with prospects for strong margins and carefully managed labor costs.

Chipotle shares are trading down 0.4% Tuesday.

At 3.83% of the portfolio, the stock is one of the top ten holdings in the Dynamic Food & Beverage Portfolio (AMEX:PBJ).

Starbucks (NASDAQ:SBUX) is the top stock in the fund, at 5.85% of the holdings, followed by Coca-cola Enterprises (NYSE:CCE), at 5.73% of the fund. Yum!Brands (NYSE:YUM) is 5.38% of the portfolio, followed by Coca-Cola (KO) and Kroger (KR).

Find the right mix of model portfolios today at PortfolioChannel.com


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This Article's Word Cloud:   AMEX   Argus   Beverage   Brands   Chipotle   Coca   Cola   Dynamic   Enterprises   Food   Grill   Kroger   Mexican   NYSE   Portfolio   SBUX   Starbucks   Tuesday   carefully   cola   company   costs   down   expects   followed   from   fund   growth   hiked   holdings   labor   managed   margins   portfolio   price   prospects   rates   said   share   shares   solid   stock   strong   target   today   trading   which   with
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