Vetr Top Raters Downgrade Chipotle, But Still Like Stock

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Chipotle Mexican Grill, Inc.CMG
is scheduled to report its fourth quarter results after Tuesday's market close. Ahead of the restaurant operators quarterly print, Vetr top raters
downgraded Chipotle Mexican Grill's stock rating
to 3.5-stars. In fact, shares of Chipotle Mexican Grill has fallen to $472.64 since the prior rating of 4.0-stars was issued just 5 days ago. Chipotle Mexican Grill's stock is popular among the Vetr crowd as more than 2 percent of users are holding the issue in their watch-lists. In addition, 84 percent of the crowd's ratings are bullish and the crowd sourced price target of $497.12 implies a potential upside of more than 5 percent. Related link:
Here's how crowdsourced ratings can beat the market
.
"I love the food, but every Chipotle in Orange County [California] is practically empty at all hours,"
Brendon, a member of the crowd pointed out in support of a bearish stance. "Consumer forgiveness cannot be underestimated for companies that show concrete steps toward reform,"
Todd Christensen
, a member of the Vetr crowd stated in taking a contrarian view. "Financials remain strong, and the product is solid." On th
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Posted In: Analyst ColorCrowdsourcingAnalyst RatingsGeneralRestaurant stocksrestaurantsVetrVetr CrowdVetr Top Raters
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