Chipotle's newest protein, Hershey's downgrade, Coke's bull call: Trending tickers

Morning Brief Hosts Brad Smith and Madison Mills break down three consumer brands moving the most in Tuesday's trading session.

Chipotle (CMG) is testing out new chipotle honey chicken at 80 locations across Tennessee and California.

Shares of Hershey (HSY) are sliding after Citi downgraded the chocolate-maker to Sell from Neutral, citing volume challenges and cocoa inflation as headwinds.

On the other hand, shares of Coca-Cola (KO) are rising after Morgan Stanley named the beverage company a top pick and raised its price target to $78 from $70.

For more expert insight and the latest market action, click here to watch this full episode of Morning Brief.

This post was written by Melanie Riehl

Video Transcript

Welcome back.

Watching the morning brief brought to you by Invesco.

All right, we're taking a closer look at Yahoo Finance's trending tickers here you hear the music.

You know what time it is?

Let's fire up Chipotle Hershey and Coca Cola.

Not all at once might give you a stomachache.

We're doing it in 30 seconds each.

Let's go cmg first one there on your screen.

The shares are slightly higher right now.

Fast casual giant testing out drum roll, please.

There we go.

New Chip Honey Chicken at 80 locations in Tennessee and California.

A California.

The new protein receiving the highest marks of any chicken innovation from Chipotle.

Who, who are the high mark taste testers here for Honey Chipotle Chicken.

They conducted a study in their own right?

And it sounds like we love it.

But I mean, I'm excited to try it.

Hot, honey chicken, hot honey chicken.

Everybody's doing it.

Digging is doing it right now.

So, why not?

And we've been teased by from time to time on what some of these limited time offers will be just the latest.

All right.

Well, that was a great 30 seconds, but I'm going to kick it off here with her.

She shares in the red after city downgrading the chocolate maker to sell that is down from neutral.

The firm saying the volume challenges and coco inflation could weigh on earnings to come.

And this is such a great look at a company that can be impacted by what we talk about in com.

I know it can seem boring when you say the word commodities, but when you got to run up in the price of cocoa, like we have seen that is something that is going to increase costs, not just for consumers, but also for the companies like a Hershey that is having to pay for that Coco obviously a key part of their supply chain and city saying that they anticipate 2026 earnings to be a recovery year after t 2025.

You're right.

Does sound boring when you say commodities.

So that's why we say chocolate Coca Cola shares rising slightly here today, Morgan Stanley naming the beverage company as a top pick and raising its price targets to $78 up from 70 there.

You're taking a look at the shares.

They're moving higher right now by about 9/10 of a percent will round that off to top pick status.

Not bad at all here.

However, think about the broader environment that Coca Cola tends to do well in especially if you do see any type of trade down in the consumers or just looking for more buying in bulk.

We were looking at Costco earlier rising here on the day.

Perhaps more people looking at where they can just buy Coca Cola in bulk.

Costco bj's wholesale some of those other options.

Even Walmart could be rounded out into that.

I think we're at time.

Yeah.

Oh, yeah, I think we crushed it.

I think we crushed.

Well, we got 10 seconds.

So I will say consumer staples rally.

My market is getting a little bit scared.

So that could be another reason why we've seen Coca Cola to the upside today.