Monday, January 25, 2016

Chipotle remains overvalued, could drop 20%, Barron's says

Despite their recent declines, Chipotle shares remain pricey and could drop another 20% on any future health scares, Barron's contends in its 'Follow Up' column, noting that more bad news "seems likely" for the restaurant group.

Friday saw a first solid day down since the retracement off the $400 level - Watching the stock closely this week as its due to report earnings on February 2nd.


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