🔴 Chipotle Mexican Grill is trading 4.15% down today after TD Cowen downgrade over October sales

Chipotle Mexican Grill is trading at $28.42, down 4.15%, after TD Cowen downgraded it from Buy to Hold over October sales concerns.

• TD Cowen cut its price target from $44 to $32 and flagged a lackluster start to the quarter.
• Reporting cited concern that October momentum may not deliver the expected fourth-quarter inflection; broader indexes were modestly higher, pointing to a company-specific catalyst.