Last updated: 2025-10-31 19:46:37 ET
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At least five Wall Street analysts have cut their price targets for Chipotle shares after the chain's third-quarter earnings report.
Analysts are zeroing in on the potential impact of food inflation to margins and earnings.
CEO Scott Boatwright warned the chain is struggling to hold onto its customers amid "persistent macroeconomic pressures.”
Shares of Chipotle have tumbled 33% this year, dragging its market value down to roughly $54 billion.
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