CFRA Lowers Consumer Discretionary Sector To Market Weight From Overweight

Published: May 12, 2021, 10:43 a.m.

b"Sam Stovall discusses the CFRA lowering its opinion on the consumer discretionary sector to market weight from overweight. He examines the broader sector's outlook, with commodity prices, wage pressures, and transportation rates pressuring costs and likely to squeeze profit margins. And notes the impact this could have on a company like Chipotle."