Chipotle has approved a plan to buy back more of its stock, with a $500 million repurchase authorization. The stock is down 35% this year, prompting management to act ahead of schedule. Analysts see current prices as an opportunity, with a mean price target of $58.65, over 50% higher than yesterday’s close.

Read more at Yahoo Finance: Chipotle’s Stock Is Under Pressure. The Company Says It’s Time to Buy