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Chipotle Falls 5% as TD Cowen Downgrades, Cuts Target to $32; McDonald's and Yum! Brands Slip

Source: 247wallst.com

Analyst InsightsConsumer Demand & RetailCompany Fundamentals
Chipotle Falls 5% as TD Cowen Downgrades, Cuts Target to $32; McDonald's and Yum! Brands Slip

TD Cowen stepped back from Chipotle Mexican Grill, highlighting slowing sales momentum at the burrito chain. The article says the losses are concentrated in Chipotle shares; the excerpt provides no further figures or details on TD Cowen's action.

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mildly negative

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-0.20

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CMG-0.45

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