Chipotle Mexican Grill Inc

Chipotle is offering $2.50 tacos in Kansas City, Orlando, and Tampa from 2-5 p.m. weekdays through June 2, aiming to capture snack-time demand amid margin pressure.

Chipotle posted a 0.5% increase in first-quarter comparable sales, reversing declines and topping analyst forecasts. Shares rose 7% after hours.

Guggenheim initiated Shake Shack at Buy with a $120 target, boosting shares 5.6%. The call comes before May 7 earnings, with Q1 visits up nearly 20%.

Shake Shack shares declined 4.4% on Friday, underperforming the broader market, as surging oil prices and declining consumer sentiment weighed on the restaurant sector. Analyst firm D.A. Davidson maintained a Buy rating with a $125 price target, suggesting significant upside potential.

McDonald's shares declined 1.4% to $327.58 Friday, erasing earlier gains, as investor attention shifted to upcoming Federal Reserve minutes and economic indicators.

Chipotle Mexican Grill shares advanced 1.3% Friday, ending a three-day decline, following a regulatory filing showing Capital World Investors acquired a 7.7% stake. The company anticipates 1-2% menu price increases this year.

McDonald's posted stronger-than-expected fourth-quarter results, with global comparable sales rising 5.7% and U.S. sales up 6.8%, driven by value-focused promotions. The company also increased its quarterly dividend.

Chipotle Mexican Grill stock fell 3.5% as insider filings revealed share sales and tax withholdings by top executives, while weak restaurant spending data weighed on sentiment ahead of key inflation data.

McDonald's stock closed at $327.16, just 0.3% below its 52-week high, as investors await Wednesday's earnings release. Focus will be on comparable sales and consumer traffic amid a busy economic data week.