Analyst Sees McDonald's (MCD) Comps 'Meaningfully' Ahead of Bull's Estimates; Shares Rally

July 12, 2012 2:46 PM EDT Send to a Friend
Get Alerts MCD Hot Sheet
Price: $91.04 --0%

Rating Summary:
    3 Buy, 20 Hold, 1 Sell

Rating Trend: Down Down

Today's Overall Ratings:
    Up: 0 | Down: 0 | New: 0
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Recent upside in shares of McDonald's (NYSE: MCD) (up about $2 over the last hour and a half) is being attributed to a research note from Janney's Mark Kalinowski which suggests the company's same-store sales will be "meaningfully" better than even the highest Street estimates. The analyst cited checks with McDonald's franchisees.

Kalinowski maintains a Buy rating and $105 price target on shares of McDonald's.

Shares of McDonald's are now up 2.8 percent to $92.05.


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