Equity Analyst Alerts: Chipotle, NetApp, Cimarex, Ancestry.com, Zillow

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Chipotle Mexican Grill, Inc.(NYSE:CMG): Deutsche Bank raised its price target for Chipotle Mexican Grill shares citing upbeat meetings with management. The firm maintains a Buy rating on the stock.

NetApp, Inc. (NASDAQ:NTAP): Deutsche Bank raised its estimates and price target for NetApp citing improved earnings visibility post the company’s Q3 results. The firm continues to view shares as attractive and keeps a Buy rating on the stock.

Cimarex Energy Co.(NYSE:XEC): Deutsche Bank raised its price target for Cimarex Energy shares citing the company’s 2012 outlook and higher capex plans. The firm keeps a Buy rating on the stock.

Ancestry.com Inc.(NASDAQ:ACOM): Citigroup recommends using the weakness in Ancestry.com shares post the company’s Q4 results as a buying opportunity. The firm lowered its price target for shares to $34 from $36 but keeps a Buy rating on the stock.

Zillow Inc(NASDAQ:Z): Citigroup raised its estimates and price target for Zillow citing the company’s better than expected Q4 results and guidance. The firm reiterates a Buy rating on the stock.

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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

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