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Morgan Stanley Hungry For Chipotle Stock

Expectations are high for new Chipotle Mexican Grill, Inc. (NYSE: CMG) CEO Brian Niccol, and the Chipotle management team got a vote of confidence from Wall Street on Wednesday. Morgan Stanley analyst John Glass has upgraded CMG stock from “equal-weight” to “overweight,” but not all analysts are as optimistic about Chipotle’s outlook.

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Investors Not Buying Macy’s Beat

Macy’s Inc (NYSE: M) once again reported better-than-expected earnings and raised its full-year outlook on Wednesday, but the retailer’s second quarter wasn’t enough to keep investors from taking profits on M stock. Shares were down 14 percent by midday Wednesday as some investors see Macy’s ballooning costs as a potential red flag.

Disney’s Potential $20 Billion Payday

Now that the Walt Disney Co (ticker: DIS) buyout of Twenty-First Century Fox (FOX, FOXA) is nearing completion, attention has shifted to which company could buy Fox’s 22 regional sports networks. Experts say Disney could land roughly $20 billion for Fox’s sports assets, and the cash infusion will be much-needed as DIS invests heavily in its new streaming service.

Tariffs on Turkey Help U.S. Steel Stock

U.S. President Donald Trump lashed out at Turkey on Friday, doubling import tariffs on steel and aluminum in protest of the detention of American pastor Andrew Brunson. Trump’s decision tanked the Turkish lira and disrupted equity markets around the world, but analysts say it’s more good news for United States Steel Corporation (NYSE: X) stock.

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Domino’s Eating Papa John’s Lunch

Papa John’s (ticker: PZZA) stock has taken a beating in 2018 amid slumping sales and management drama related to the resignation of former CEO John Schnatter. But while Papa John’s struggles to right the ship, analysts say Domino’s Pizza, Inc. (DPZ) is well-positioned to siphon off more of Papa John’s business.