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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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