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TD Cowen dropped its buy rating on Chipotle stock on soft fourth-quarter sales start

TD Cowen cut its price target on Chipotle to $32 from $44 and lowered its fourth-quarter same-store sales estimate to 1%

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TD Cowen analyst Andrew Charles downgraded Chipotle $CMG Mexican Grill on Wednesday to a hold rating from buy, pointing to a sluggish opening to the final three months of the year, according to Bloomberg.

Charles reduced his one-year target for Chipotle stock to $32 from $44, the lowest on Wall Street, according to........

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