Raymond James downgrades red-hot Chipotle, says valuation is getting full

thumbnail
Jesse Pound@/in/jesse-pound@jesserpound
WATCH LIVE
A customer wearing a protective mask enters a Chipotle Mexican Grill Inc. restaurant in San Francisco, California. .
David Paul Morris | Bloomberg | Getty Images

Chipotle Mexican Grill has been one of the big winners on Wall Street this summer, but its hot streak is due to cool off, according to Raymond James.