The Vetr crowd presented what could be considered an interesting pair trade by downgrading McDonald's Corporation MCD's stock rating while simultaneously upgrading Chipotle Mexican Grill, Inc. CMG's stock rating.
Related link: Here's how crowdsourced ratings can beat the market.
McDonald's Downgraded To 3-Stars
The Vetr crowd downgraded McDonald's stock to 3-stars out of a possible 5-star rating. In fact, shares of McDonald's have fallen to $117.84 since the prior rating of 3.5-stars was issued just 2 days ago.
In addition to a downgrade, 65 percent of the crowd's ratings are bearish and the crowd sourced price target of $121.39 implies an upside of just 3.22 percent.
Chipotle Upgraded To 4.5-Stars
At the same time that the Vetr crowd downgraded McDonald's stock rating, Chipotle Mexican Grill's rating was upgraded to 4.5-stars.
Shares of Chipotle have risen to $461.20 since the prior rating of 4.0-stars was issued just 7 days ago.
Unlike the sentiment surrounding McDonald's stock, 88 percent of the crowd's ratings on Chipotle Mexican Grill are bullish and the crowd sourced price target of $517.44 implies a potential upside just shy of 15 percent.
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Posted In: Analyst ColorLong IdeasShort IdeasRestaurantsCrowdsourcingAnalyst RatingsTrading IdeasGeneralCrowd SourcingRestaurant stocksrestaurantsVetrVetr Crowd
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