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Chipotle Mexican Grill Drops After Downgrade
Stock quotes in this article:
CMG
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NEW YORK (AP) — Sales will be pressured and costs will rise for Chipotle Mexican Grill Inc., an analyst said Friday, downgrading the stock.
Chipotle shares fell $2.99, or 3.4 percent, to $85.91 in afternoon trading.
Oppenheimer & Co. analyst Matthew DiFrisco downgraded the burrito chain's stock to "Underperform" from "Perform" and cut his earnings estimates through 2010. ...
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