Tuesday, April 24, 2012

Stock Alert - Credit Suisse downgrades Chipotle (CMG -4.4%) to Neutral from Outperform- 4/24/12

Credit Suisse downgrades Chipotle (CMG -4.4%) to Neutral from Outperform on a valuation call tied to its $450 price target. A rosy report from Brinker International on sales trends at Maggiano's and Chili's has a number of restaurant stocks up for the week on speculation that Chipotle's market share-stealing days could be running short

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