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Notovirus confirmed as issue at Boston Chipotle store

Dec. 09, 2015 12:58 PM ETChipotle Mexican Grill, Inc. (CMG) StockCMGBy: Clark Schultz, SA News Editor20 Comments
  • Health officials in Boston confirm a notovirus was the cause of the sickness of 120 students who ate at a Chipotle (CMG +2.1%) store on the campus of Boston College.
  • While most investment firms think Chipotle sales growth will be pressured well into 2016 due to the recent food safety issues, CLSA is taking a long-term view in backing an Outperform rating.
  • The investment firm thinks shares look attractive due to the huge earnings potential of the millennial generation and the ability for Chipotle to expand efficiently by strategically utilizing a smaller-store format.

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