Merrill Lynch Downgrades Chipotle Mexican Grill (CMG) to Underperform

October 13, 2008 8:13 AM EDT

Merrill Lynch downgrades Chipotle Mexican Grill (NYSE: CMG) from Neutral to Underperform.

Chipotle Mexican Grill, Inc. (Chipotle) operates fast casual, fresh Mexican food restaurants serving burritos, tacos, bowls and salads.


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