Chipotle Mexican Grill (CMG) stock has been depressed with a correction of 30% year-to-date (YTD). With the company’s third-quarter results round the corner, it’s time to assess if valuations are attractive considering the business outlook. Recently, UBS issued a warning that the company’s third-quarter earnings could fall short of consensus estimates and the full-year guidance is likely to be lowered. However, UBS analysts indicated that the pressure on sales and earnings is on the back of broader indust ...