Yes, Chipotle Mexican Grill Could Lose Half Its Value
July 26, 2016 at 15:48 PM EDT
Stifel's Paul Westra and team went bearish on the entire restaurant industry today--they slapped Sell ratings on Chipotle Mexican Grill ( CMG ), Panera Bread ( PNRA ), Cheesecake Factory ( CAKE ), and Darden Restaurants ( DRI )--while cutting at least six others to Hold. They explain why Chipotle could lose half its value: