This Chipotle Analyst Is No Longer Bullish; Here Are Top 5 Downgrades For Wednesday

Top Wall Street analysts changed their outlook on these top names. For a complete view of all analyst rating changes, including upgrades, downgrades and initiations, please see our analyst ratings page.

• Baird analyst David Koning downgraded Accenture Plc (NYSE:ACN) from Outperform to Neutral and raised the price target from $245 to $252. Accenture closed at $239.12 on Tuesday. See how other analysts view this stock.
• BTIG analyst Nick Altmann downgraded Braze Inc (NASDAQ:BRZE) from Buy to Neutral. Braze shares closed at $45.57 on Tuesday. See how other analysts view this stock.
• TD Cowen analyst Andrew M. Charles downgraded Chipotle Mexican Grill Inc (NYSE:CMG) from Buy to Hold and lowered the price target from $44 to $32. Chipotle closed at $29.65 on Tuesday. See how other analysts view this stock.
• Raymond James analyst Steve Moss downgraded SmartFinancial Inc (NYSE:SMBK) from Strong Buy to Outperform and cut the price target from $58 to $56. SmartFinancial shares closed at $50.12 on Tuesday. See how other analysts view this stock.
• Needham analyst Laura Martin downgraded Netflix Inc (NASDAQ:NFLX) from Buy to Hold. Netflix closed at $68.69 on Tuesday. See how other analysts view this stock.

Considering buying CMG stock? Here’s what analysts think:

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