Intel up slightly, Chipotle down a bit, Hasbro takes a hit
Let’s check out the Yahoo Finance charts of the day.
Intel (INTC ): Nomura/Instinet upgraded the chipmaker’s stock to Buy from Neutral. It sees Intel as the only company in the semiconductor space which is likely to raise earnings estimates this month or next.
Chipotle Mexican Grill (CMG): RBC Capital upgraded the fast food restaurant to Outperform from Sector Perform on same-store sales growth potential. Analysts think the company can execute new menu items and digital delivery opportunities in 2019.
Hasbro (HAS): The toymaker will lay off up to 10% of it’s employees. Hasbro said the cuts could save the company between $30 million to $40 million a year by 2020. Sales of the company fell 12% in the third quarter, which the company attributed primarily to the loss of Toys “R” Us.
For more on today’s big stock movers check out the Final Round, live at 3:30 p.m. ET, right here on Yahoo Finance.