Vetr Top Raters Upgrade Chipotle, But Downgrade McDonald's
The Vetr crowd presented what could be considered an interesting pair trade by downgrading McDonald's Corporation (NYSE: MCD)'s stock rating while simultaneously upgrading Chipotle Mexican Grill, Inc. (NYSE: CMG)'s stock rating.
Related link: Here's how crowdsourced ratings can beat the market.
McDonald's Downgraded To 3-Stars
The Vetr crowd downgraded McDonald's stock to 3-stars out of a possible 5-star rating. In fact, shares of McDonald's have fallen to $117.84 since the prior rating of 3.5-stars was issued just 2 days ago.
In addition to a downgrade, 65 percent of the crowd's ratings are bearish and the crowd sourced price target of $121.39 implies an upside of just 3.22 percent.
Chipotle Upgraded To 4.5-Stars
At the same time that the Vetr crowd downgraded McDonald's stock rating, Chipotle Mexican Grill's rating was upgraded to 4.5-stars.
Shares of Chipotle have risen to $461.20 since the prior rating of 4.0-stars was issued just 7 days ago.
Unlike the sentiment surrounding McDonald's stock, 88 percent of the crowd's ratings on Chipotle Mexican Grill are bullish and the crowd sourced price target of $517.44 implies a potential upside just shy of 15 percent.
Latest Ratings for CMG
Date | Firm | Action | From | To |
---|---|---|---|---|
Feb 2022 | Morgan Stanley | Maintains | Overweight | |
Feb 2022 | Deutsche Bank | Maintains | Hold | |
Feb 2022 | Barclays | Maintains | Equal-Weight |
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