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Tag: chipotle downgraded

Chipotle Shares Sank for this Reason
September 8, 2017 Sophia Vida
Hot Stocks

Chipotle Shares Sank for this Reason

In early Friday trading, shares of Chipotle were down over 4% after the stock was downgraded. Analyst Andrew Charles of Cowen & Co. downgraded the stock from “market perform” to “underperform” and cut its price target from $370 all the way down to $250. Charles cited poor results from a consumer survey for the drop … Continue reading “Chipotle Shares Sank for this Reason”

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