Barclays Management Meeting with McDonald's (MCD); Large Headwinds, But Mostly Priced In
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Price: $101.54 +0.42%
Rating Summary:
7 Buy, 10 Hold, 0 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 11 | Down: 35 | New: 23
Rating Summary:
7 Buy, 10 Hold, 0 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 11 | Down: 35 | New: 23
Trade MCD Now!
Barclays maintains an 'Overweight' on McDonald's (NYSE: MCD) price target of $99.00.
Analyst, Jeffrey A. Bernstein, is making comments after meeting with McDonald's management. The message was pretty straightforward - all regions are facing challenges (competitive or macro issues), citing U.S., Europe, Asia and Japan, all with large headwinds, however, Bernstein believes most of this is priced in.
For an analyst ratings summary and ratings history on McDonald's click here. For more ratings news on McDonald's click here.
Shares of McDonald's closed at $88.18 yesterday, with a 52 week range of $82.01-$102.22.
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Analyst, Jeffrey A. Bernstein, is making comments after meeting with McDonald's management. The message was pretty straightforward - all regions are facing challenges (competitive or macro issues), citing U.S., Europe, Asia and Japan, all with large headwinds, however, Bernstein believes most of this is priced in.
For an analyst ratings summary and ratings history on McDonald's click here. For more ratings news on McDonald's click here.
Shares of McDonald's closed at $88.18 yesterday, with a 52 week range of $82.01-$102.22.
Join StreetInsider.com FREE and get immediately alerted when news breaks on your stocks and other market items - JOIN NOW
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