Making Dollars and Sense of Chipotle's New Price Targets

Chipotle's stock underwent a 50-for-1 split, but most analysts took a different path to recalibrating price targets.A stock split doesn't just adjust a publicly traded company's price and how many shares its investors own. Analysts also need to revise their profit targets to keep up with the new math.It's been three weeks since Chipotle Mexican Grill (CMG -3.81%) executed its 50-for-1 stock split. The seamless transaction replaced every single share at the old price with 50 new shares at 2% of the former pr ...