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Chipotle’s Post-Market Boost

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  • Description

    FBN’s Nicole Petallides with a market update after the closing bell.

  • Duration 1:07
  • Date

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Shares of to -- -- a getting a boost today let's head back to Nicole on the floor of the New York Stock Exchange what's this all about the gulf.

We're taking a look at Chipotle Mexican Grill which was soaring today what a big move here -- of pulling it was up more than fourteen bucks today David this is a winner.

This on the heels of Bank of America Merrill Lynch upgrading its rating on the fast food chain to a buy from a new trial.

Raising our rating on Chipotle Mexican Grill shares and that's because they said there's twenty more percent.

Appreciation.

Potential to their price subject himself saying that it their price target there was 320.

Dollar is just talking about the potential for growth.

The stock itself is down about 40%.

Off of the stock's 52 week high an all time record set just saying that it's been beaten down this is a great buying opportunity has impressive.

Growth stock -- attributes -- this is what.

We about Bank of America said today is a certainly a lot of positive commonsensical it really has been beaten down a Bank of America's real believer.

In the fast food company.

I've learned that many sides of it being delegates who have potential to -- one and they're taking -- -- --

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