Barclays Management Meeting with McDonald's (MCD); Large Headwinds, But Mostly Priced In

June 29, 2012 1:28 PM EDT Send to a Friend
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Price: $91.59 --0%

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    Up: 23 | Down: 13 | New: 40
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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.


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