Wedbush anticipates a potential share shift from fast casual...
Wedbush anticipates a potential share shift from fast casual options like Chipotle towards grocery stores. Coupled with the end of Chipotle's 'carne asada' offer in Q1 and probable price hikes in California, Chipotle might suffer. Meanwhile, Cheesecake Factory might have a positive outlook if it meets current expectations, especially in a lower interest rate environment.
Chipotle Downgraded, Cheesecake Factory Upgraded at Wedbush
Disclaimer: The above information does not represent the views of Moomoo Technologies Inc. (MTI) or constitute investment advice related to MTI and its affiliates.
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