Chipotle, Advanced Auto Parts, Alliance Data, Autozone Reach Stock Price Highs in Trading Today

Chipotle Mexican Grill (NYSE:CMG): On Feb. 2nd, Baird raised its price target on Chipotle Mexican Grill following mixed Q4 results. The firm cited the company’s strong top-line trends and improving pricing and cost trends. Shares are Outperform rated. Today, CMG shares closed at $377.45, up $1 or 0.27% on the day. They have traded in a 52-week range of $234.48 to $377.75.

Advance Auto Parts (NYSE:AAP): On Feb. 3rd, JP Morgan upgraded Advance Auto Parts based on relative valuation, focus on cost reductions, and expectations for improved earnings over the next two quarters. Price target raised to $85 from $66. Today, AAP shares closed at $79.43, down $0.56 or 0.7% on the day. They have traded in a 52-week range of $49.50 to $80.31.

Alliance Data System (NYSE:ADS): On Feb. 2nd, ADS Raises 2012 EPS view to $6.15 vs. prior guidance of $6.00. Prior core EPS gudiance was $8.30. Guidance will be refined as necessary during 2012. Today, ADS shares closed at $118.77, up $0.84 or 0.71% on the day. They have traded in a 52-week range of $75.31 to $118.09.

Autozone (NYSE:AZO): On Jan. 30th, Goldman upgraded Autozone citing traction in its commercial rollout, its capital discipline, and stronger industry tailwinds. Price target raised to $370 from $341. Today, AZO shares closed at $358.46, up $4.36 or 1.23% on the day. They have traded in a 52-week range of $247.36 to $356.80.

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To contact the reporter on this story: Derek Hoffman at staff.writers@wallstcheatsheet.com

To contact the editor responsible for this story: Damien Hoffman at editors@wallstcheatsheet.com