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Fly News Breaks for April 26, 2017
CMG
Apr 26, 2017 | 07:07 EDT
As noted earlierl ,RBC Capital downgraded Chipotle to Sector Perform from Outperform. Analyst David Palmer downgraded the stock based on valuation. He says he "will wait for signs of a two-year sales acceleration or a pullback in the stock before becoming more constructive on the name." Target to $500 from $465.