Credit Suisse Cuts Chipotle Mexican Grill (CMG) to Neutral
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Price: $33.50 +2.73%
Rating Summary:
36 Buy, 14 Hold, 1 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 13 | Down: 14 | New: 11
Rating Summary:
36 Buy, 14 Hold, 1 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 13 | Down: 14 | New: 11
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Credit Suisse's Karen Holthouse downgraded shares of Chipotle Mexican Grill (NYSE: CMG) from Outperform to Neutral Tuesday morning. The analyst suspended her $450 price target.
The lowered investment rating follows first-quarter results from Chipotle on Thursday of last week. Shares have fallen nearly 5 percent since the earnings report and are indicated lower once again Tuesday. Chipotle shares last traded at $412.61, down about 1 percent from Monday's close.
For an analyst ratings summary and ratings history on Chipotle Mexican Grill click here. For more ratings news on Chipotle Mexican Grill click here.
The lowered investment rating follows first-quarter results from Chipotle on Thursday of last week. Shares have fallen nearly 5 percent since the earnings report and are indicated lower once again Tuesday. Chipotle shares last traded at $412.61, down about 1 percent from Monday's close.
For an analyst ratings summary and ratings history on Chipotle Mexican Grill click here. For more ratings news on Chipotle Mexican Grill click here.
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