Chipotle price target lowered to $60 from $63 at Barclays

Barclays lowered the firm’s price target on Chipotle (CMG) to $60 from $63 and keeps an Equal Weight rating on the shares. The company’s Q4 earnings were in-line, modestly below on the comp, and modestly above on margin, the analyst tells investors in a research note. The firm expect the shares to be pressured in the near-term.