Analysis: Chipotle to $500 and beyond

|About: Chipotle Mexican Grill, Inc. (CMG)|By:, SA News Editor

Sterne Agee raises its price target on Chipotle (CMG) to $507 right in the front of the company's Q3 earnings report.

It's a somewhat bold call with the restaurant sector having a disappointing start to the earnings season.

CMG +0.8% premarket to $436.99.