Analyst Raises Target On Chipotle, Sees Buffalo Wild WIngs Q2 Beat

Both Chipotle Mexican Grill, Inc. (NYSE: CMG) and Buffalo Wild Wings (NASDAQ: BWLD) saw their estimates and price targets boosted by an analyst Tuesday.Barclays' Jeffrey A. Bernstein in a note, said he expects a "strong beat" for Buffalo's second-quarter results, while Chipotle, which posts earnings July 21, will "continue its fundamental leadership.Bernstein aised his target on Chipotle to $600 from $580 and now expects the Mexican-themed restaurant chain to earn $12.90 a share in all of fiscal 2014, up from his previous estimate of $12.65.Analysts on average expect Chipotle to earn $12.61 a share for the period, on revenue of $3.91 billion. The average price target is $617.96.For Buffalo, Bernstein boosted his target to $190 from $184, and raised his full-year 2014 earnings forecast from $4.95 from $4.90. Buffalo posts second-quater earnings July 29.The Wall Street consensus for Buffalo calls for 2014 earnings of $5.07 on revenue of $1.49 billion.Buffalo traded down 0.34 percent on Tuesday afternoon to $155.98; Chipotle fell nearly 2 percent to $593.04.