Wedbush turns cautious on Chipotle

|About: Chipotle Mexican Grill, Inc. (CMG)|By:, SA News Editor

Wedbush downgrades Chipotle (CMG) to a Neutral rating.

Sector read: Comparable-store sales below expectations at McDonald's and Starbucks during the holiday season signal a potential miss at Chipotle as well.

The investment firm has a price target of $510 on CMG.

CMG -1.1% premarket