Chipotle, Autozone and Fastenal Win New 52-Week Stock Prices
William Blair upgraded Chipotle Mexican Grille (NYSE:CMG) shares to Outperform from Market Perform, joining the Chipotle fans on Wall Street. Only 2 of 28 analysts covering the stock ringing up a Sell or Underweight rating on shares. Investors or traders that don’t like CMG are getting sparce. Having traded in a 52-week range of $213.06 to $352.63, shares closed at $354.62, up $7 or 2.01% on the day.
Pointing to the company’s exposure to a defensively positioned car industry and accretive buyback, Citigroup added Autozone (NYSE:AZO) to its Top Picks. The analysts also reiterated a Buy rating on the stock. Shares have traded in a 52-week range of $246.26 to $343.90, and closed at $344.44, up $1.46 or 0.43% on the day.
With its shares closing at $46.59, up $0.73 or 1.59% on the day, Fastenal Company (NASDAQ:FAST) is preparing to unveil its latest earnings on Wednesday, January 18, 2012. Traders are taking bullish positions ahead of the release. Investing Insights: Fastenal Company Fourth Quarter Earnings Sneak Peek. Fastenal shares have traded in a 52-week range of $28.80 to $46.09.
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