Notable Downgrades: Chipotle Mexican Grill (CMG), Altera (ALTR), Scholastic (SCHL), Yahoo (YHOO), Cree, Inc. (CREE)

Analysts at Raymond James downgraded Chipotle Mexican Grill, Inc. (CMG) from ‘Outperform‘ to ‘Market Perform‘ in a research report issued to clients on Wednesday. On valuation measures, Chipotle Mexican Grill Inc. stock it’s trading at a forward P/E multiple of 31.19x, and at a multiple of 45.48x this year’s estimated earnings. The t-12-month revenue at […] View the full post at: Notable Downgrades: Chipotle Mexican Grill (CMG), Altera (ALTR), Scholastic (SCHL), Yahoo (YHOO), Cree, Inc. (CREE) Related posts: Yahoo – Google Deal To Be Investigated Major Yahoo Shareholder Demands Vote Recount