Chipotle (CMG +0.4%) ekes out a small gain in a weak market on positive comments out of...

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

Chipotle (CMG +0.4%) ekes out a small gain in a weak market on positive comments out of Bernstein this morning. Bernstein says the company is posting solid revenue growth, and can drive comps without a material marketing spend through menu news and its loyalty program. The firm reiterates its Outperform rating and raises its price target to $475 from $450.